Negative Equity Rate Flattens Despite Rising Home Values

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March 20, 2015

More than a quarter of mortgaged homes are underwater in Florida and the Midwest, Zillow Real Estate Research reports.

The national negative equity rate is 16.9 percent. Home values continue to rise, but with negative equity going up in 21 of the 50 top housing markets, many underwater homes are not rising in value.

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