America’s Most Underwater Real Estate Markets

America’s Most Underwater Housing Markets

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Negative equity–what you have when you owe more on your home loan than the property is worth–is one of the defining features of the still-unfolding mortgage crisis. It’s a particularly nasty problem because it can lead to all sorts of unpleasant outcomes for the real estate market and the economy [...]

Good news for California Investors (FINALLY)…

For the first time in more than 30 years, California has announced that it will be re-assessing the property values to account for properties that have experienced deflated values (see California to Use Deflation in Assessing Property Taxes).
I think we can hear the communal sigh of relief even all the way over here in Denver!
Finally, some good [...]