Page 18 - Negative Equity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Negative equity. what do you think suggest? don wishes old have met you sooner. >> well, don, i've done a lot of stupid things in my life. when they cost me money, i call it stupid tax. you've learned that the worst car accidents happen on the showroom floor and go down in value like a rock. that's where chevy got that. >> if we have a high speed train system, this kid wouldn't need a car. >> sure. >> that's the whole problem. >> meanwhile, susan wrote us from oklahoma and says we joined a debt settlement company to help us with our debt, we're over $40,000 in it and haven't gotten anything se...

Thousand a website dealing with real estate says one-fourth of the homes in the u.s. are in a negative equity location, a bad location to be. correspondent laura ingle tells us what it could mean for you and the people on your street. >> higher foreclosure rates could be on the horizon with 15 million american homeowners up side down in mortgage debt. >> there are a lot of people out there who are in houses where the mortgage, the amount they owe on the mortgage is significantly more than what they get if they would sell the house today. >> real estate website zillo.com released the housing re...

Nearly 70%. reno, nevada, almost 60% of homeowners are under water. orlando, florida, 61.7%. 58% of homeowners in modesto, california, are drawning in negative equity. economists say the home prices are declining as the foreclosed properties sell at discounted rates. and unemployment looms at 9%. but that doesn'ted always mean a road to foreclosure. >> some of them unfortunately will but most won't end up in foreclosure. >> most experts feel if you are able to stay in your home and continue to make the mortgage payment the market will turn around and eventually they believe the homeowners will...

Negative equity. vegas, 70%, 68% in reno, nef, orlando, 61.7%, and modesto, california, 58.5%. and home prices are declining as foreclosed properties sell at discounts and unemployment at 9%, continuing to hold potential homeowners back and economists say they are expecting a boom in home values later this year as the market recovers. the silver lining here, of course is that if you are in the market for a house, it is still a good time to buy, they say. experts say this is not necessarily a road to foreclosure, they say if you are able to stay in your home, continue to maker mortgage payments...

Nearly 70%. reno, nevada, almost 60% of homeowners are under water. orlando, florida, 61.7%. 58% of homeowners in modesto, california, are drawning in negative equity. economists say the home prices are declining as the foreclosed properties sell at discounted rates. and unemployment looms at 9%. but that doesn'ted always mean a road to foreclosure. >> some of them unfortunately will but most won't end up in foreclosure. >> most experts feel if you are able to stay in your home and continue to make the mortgage payment the market will turn around and eventually they believe the homeowners will...