Quote:
Originally Posted by harley
I just read in a Money magazine that around a third of all homes with mortgages are worth less than the mortgage, according to First American CoreLogic (whoever they are). That seems nearly impossible to me. Did 1/3 of the nation move in the last five or six years?
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I believe it is also true that about 1/3 of all homes are owned outright.
Bubble Meter: Ask Yahoo: How many "homeowners" own their homes outright?
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