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Negative Equity

Negative Equity and Your Property

The red tide towards negative equity appears to be rising. In its end-August report, the National Housing Federation pointed out indications that those who bought their properties in 2007, the period of peak housing prices, are very likely to be hobbled by negative equity over the next four years to 2014. Prices have been inching [...]

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Negative Equity and Shut-Outs are Common Now in Housing Market

Many home owners that purchased a house in the 2007 peak housing market are now sitting on houses that are sinking in negative equity. Negative equity comes about when house prices drop within the market taking equity down to an amount lower than the amount owed on a mortgage. Analysts expect at least four years [...]

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