CoreLogic: 791,000 underwater homes return to positive equity

http://www.multivu.com/mnr/61895-corelogic-reports-more-residential-properties-return-positive-equity Negative equity, often referred to as "underwater" or "upside down," means that borrowers owe more.

And it’s crucially important in personal financial terms for hundreds of thousands of owners who’ve been underwater. week by CoreLogic, a real estate and mortgage data firm, estimated that 791,000.

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Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic (CLGX) said Tuesday.

791,000 Underwater Homes Return to Positive Equity Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic ( CLGX ) said Tuesday.

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What is Home Equity–9.7 Million Residential Properties with a Mortgage Still in Negative Equity– CoreLogic (NYSE: CLGX), a leading residential property information, analytics and services provider, today released new analysis showing approximately 850,000 more residential properties returned to a state of positive equity during the first quarter of 2013, and the total number of mortgaged residential properties with equity currently stands at 39 million. The analysis shows that 9.7 million, or 19.8.

CoreLogic: 791,000 underwater homes return to positive equity · A new study released by CoreLogic, an Irvine real estate and mortgage data firm, estimated that 791,000 homes moved from negative to positive equity status during the third quarter of this year alone, and more than 3 million have done so since the beginning of 2013.

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Housing Wire – "CoreLogic: 791,000 underwater homes return to positive equity" (12-17-13) "Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic.

March 12, 2014 CoreLogic: 4 Million Homes Return to Positive Equity in 2013. Rising home prices led to improvements in home equity, with 4 million residential properties regaining equity at the end of 2013, but the share of borrowers underwater on their mortgages remained unchanged from the third quarter, analytics firm CoreLogic reported March 6 in its 4Q 2013 Equity Report.