negative equity

Negative Equity Still a Drag on the U.S. Housing Market

Despite improvements in the negative equity rate, underwater mortgages are holding back the housing market from full recovery By Jeff Sorg, OnlineEd Blog SOURCE: Zillow (December 4, 2015) /PRNewswire/  – The U.S. negative equity rate continued to drop in the third quarter of 2015, according to the Zillow® Negative Equity Report.i Nationally, 13.4 percent of homeowners owe