Sentences with phrase «area homeowners owe»
«Twenty percent of Bay Area homeowners owe more on their mortgages than their homes are worth, according to a study being released today.
http://bigpicture.typepad.com/ Not exact matches
But you can still find them — especially in areas where homeowners are «under water» after owing more than their home is worth.
«Property values are starting to creep up in some areas, but many homeowners are still underwater and owe more than their home is worth,» saiys Rick Bialobrzeski, GreenPath Debt Solutions director of communications.
The study also found 31.8 percent of all single - family, detached homes with mortgages in the Chicago area were underwater at the end of March, meaning the homeowners owed more on the loans than the properties were worth.