• May 27, 2012

pt annals of real estate disaster

by Sara K. Smith  11:33 am May 6, 2009

NATION OF UNDERWATER HOMEOWNERS: According to some estimates, about 20 percent of people with mortgages owe more on their homes than what they’re actually worth. Your mileage may vary depending on whether there are a lot of foreclosures in your area, because fire-sale pricing will naturally depress surrounding home values even more than just a [...]