fewer FW-Arlington homeowners in negative equity!

December 5, 2011 — Leave a comment

fewer homeowners with mortgages in Fort Worth-Arlington are underwater on their loans, according to CoreLogic, a provider of info, analytics and biz services.  their report shows that in Fort Worth-Arlington 11.3% of all residential properties with a mortgage were in negative equity in the 3rd quarter (down from 12% in the 2nd quarter).  In a recent report CoreLogic stated that 22.1% of all residential properties nationwide with a mortgage were in negative equity at the end of the 3rd quarter.  Once again DFW shines brighter than the national average!  quick note – notice CoreLogic’s reporting only on those residential properties WITH a mortgage.  if you caught my article a couple of weeks ago, My Glass of Home Equity is Half Full, you’ll remember that ONE THIRD of residential properties are mortgage-FREE (not half as bad as the doom and gloom media would have you think!).


No Comments

Be the first to start the conversation!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s