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James Kalogeropoulos, Broker/Owner
Residential & Commercial Real Estate Services
508.635.8259

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James Kalogeropoulos

Number of Homes "Under Water" Continues to Increase

KCM Blog covers CoreLogic's recent report showing that the number of homes "under water" with mortgages that exceed the home's value continues to increase. They note that some percentage of these homes will show up in the market as short sales or foreclosures, possibly driving down prices.

Check out the full post:

http://www.kcmblog.com/2012/03/06/negative-equity-increasing/