Zillow has published a graph on how many homeowners have “negative equity,” or owe more than their home’s value. Not all these home owners are in touble; but the numbers are instructive. As you can see, the downpayment rquirements after 2007 became far more stringent, no doubt due to the sub prime crisis. Negative equity [...]
Posts Tagged ‘Negative Equity’
Negative Equity Graph for NY Area
Posted in Short Sales, tagged Negative Equity, New York short sale agent, New York short sale Realtor, New York short sale specialist, New York short sales, Westchester short sale Realtor, westchester short sale specialist, Westchester short sales on February 17, 2009 | Leave a Comment »
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