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Rising Prices Mean Fewer Homes Underwater

Photo of homes partially under water.

A report from the research firm CoreLogic found that underwater homes — those with mortgages greater than their appraised value, also known as negative equity – fell steadily last year.  More good news: Housing prices rose steadily throughout 2012, and if that trend continues, even more homes will regain equity.

To read the full report, Click Here.

 

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