Zillow: Smaller Percentage of Homeowners Underwater in Q2

By: Carrie Bay The percentage of borrowers underwater on their mortgage declined during the second quarter, but that welcome change of pace could come to an abrupt end as home values are again beginning to fall in markets across the country. The real estate data provider Zillow reported Monday that negative equity — which refers […]

Continue reading...

Homeowners ‘Overconfident’ About Home Values: Zillow

By: Brittany Dunn In just one quarter, homeowners have gone from being overly cynical about the state of their own home’s value to being overly confident. According to the Q1 Homeowner Confidence Survey conducted by Seattle-based Zillow, 50 percent of homeowners nationwide believe their own home’s value declined in the past year. But in reality, […]

Continue reading...