Rate of underwater homes decreases

Publish date
08/09/2010
Source
MSNBC.com
Main Category
Economy - US
Article Summary

A report by Zillow Real Estate Market Reports states that the percentage of over-mortgaged homes in the U.S. is on the decline.  According to the report, the measure decreased from 23.0% in the year-ago measure and 23.3% in the previous quarter to post 21.5% in the 2nd quarter of 2010.

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