CoreLogic: 28.3 percent of mortgaged homes in Miami underwater

CoreLogic Reports Homeowner Equity Increased by Almost $871 Billion in Q3 2017: CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its Q3 2017 home equity analysis which shows that U.S. homeowners with mortgages (roughly 63 percent of all homeowners*) have collectively seen their equity increase 11.8 percent year over.

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its Q3 2017 home equity analysis which shows that U.S. homeowners with mortgages (roughly 63 percent of all homeowners*) have collectively seen their equity increase 11.8 percent year over year, representing a gain of $870.6 billion since Q3 2016.

fewer homeowners in Miami-Dade County are reporting underwater mortgages. A new report from CoreLogic states home values in the United States have been rapidly increasing, which has helped alleviate.

In California, 13.3 percent of mortgaged homes were "underwater" at the end. the latest figures available from CoreLogic Inc., a real estate data firm. That was down from 15.4 percent three months.

 · While the numbers have fallen a lot, several cities still have too many homeowners with underwater mortgages. About 11 percent in Miami, for instance. Over 10 percent in Ocala and 8.

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The amount of equity in mortgaged real estate increased by about $678 billion in Q4 2018 from Q4 2017, an annual increase of 8.1 percent, according to the latest CoreLogic Equity Report. The Fourth quarter’s annual increase in home equity marked the lowest such gain in equity since Q2 2016, which reflects slowing price growth.

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The number of homes worth less than their mortgage crept up in the fourth quarter of 2018, according to the housing data company CoreLogic. While this was the first quarterly increase in negative.

Miami's real estate professionals, however, are skeptical of the. all the way to 19 percent for properties that would be underwater with a foot of sea rise.. it can be sold for retirement funds at the end of mortgage in 30 years.

The areas with the highest share of underwater homes included Miami (13.1 percent), Chicago (10.1 percent), and Las Vegas (9.2 percent). CoreLogic uses a database of more than 50 million.

In the U.S., 2.5 million, or 4.9 percent, of mortgaged homes. Miami area, followed by Las Vegas with 10.3 percent and Chicago with 9.9 percent, according to CoreLogic. In the Fort Lauderdale and.

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