May 24, 2012

Nearly one third of mortgage holders owe more than home is worth

Huffington Post - Nearly 16 million homeowners -- almost one third of all Americans who have a mortgage -- owe more to the bank than their home is worth, according to a report released Thursday by real estate valuation company Zillow.

1 comment:

Anonymous said...

And then there are those of us who don't, because we couldn't afford to buy to begin with.

Who's worse off?