CoreLogic: 791,000 underwater homes return to positive equity

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CORELOGIC REPORTS 791,000 MORE RESIDENTIAL PROPERTIES RETURN TO POSITIVE EQUITY IN THIRD QUARTER. 13% of all residential mortgages are still delinquent, says CoreLogic. Nevada, on the other hand, is running at > 32%!! Is Las Vegas primed for another boom, or burst?

Home flippers made an average gross profit of $18,400 on single-family home flips, representing a 9% return on the initial purchase. Rising prices are also pushing previously underwater homeowners.

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.

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About 273,000 U.S. homes returned to positive equity in the third quarter of 2014, bringing the total number of mortgaged residential properties with positive equity to approximately 44.6 million, or 90% of all mortgaged properties, according to CoreLogic.

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.

CoreLogic: 300,000 homes return to positive equity in Q1 More than 300,000 homes returned to positive equity this past first quarter, but millions of borrowers remain underwater or have so little equity in their homes that they can’t consider selling, according to CoreLogic.

CoreLogic 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 percent of all residential properties with a mortgage, were still in negative equity at.

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CoreLogic , a leading. today released new analysis showing approximately 791,000 more residential properties returned to a state of positive equity during the third quarter of 2013, and the.

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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..