CoreLogic: 10.9 Million U.S. Properties with Negative Equity in Q2
2 comments so farCoreLogic released negative equity data for Q2 2011 showing that 10.9 million, or 22.5 percent, of all residential properties with a mortgage were in negative equity at the end of the second quarter of 2011, down very slightly from 22.7 percent in the first quarter. An additional 2.4 million borrowers had less than five percent [...]
USA Update: Real House Prices and Price-to-Rent
4 comments so farCalculated Risk Finance & Economics blog, July 26, 2011 Real House Prices Real House Prices in the USA (click to enlarge) Below are two graphs showing real prices and price-to-rent ratios for residential homes in the USA. Real prices are back to 1999/2000 levels, and the price-to-rent ratio is also back to 2000 levels in [...]
How Home Prices Declined in 25 Largest Metro Areas
2 comments so farIn this post, I will just republish data put together by Zillow. It is always important to do the market research before buying real estate in USA, because the market decision is sometimes even more important than the decision about the particular property. Anyway, thanks to servers like Zillow, the market research is quite simple. [...]