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With over 10,000 tenants, real estate investor Ken McElroy has a unique insight into the economy. In a video recently posted on YouTube, McElroy dives into the data collected by his team to shine ...
Negative equity is a deficit of owner's equity, occurring when the value of an asset used to secure a loan is less than the outstanding balance on the loan. [1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".
Going into negative equity isn’t always within your control (you can’t predict the ups and downs of the local real estate scene, after all), but there are some ways to protect yourself from it.
“The inputs for building housing are materials, labor, and capital,” said Stijn Van Nieuwerburgh, a real estate and finance professor at Columbia University’s Graduate School of Business.
Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding mortgages that exceed the value of their homes. [ 32 ] 11.1 million residential properties, or 23.1% of all U.S. homes, were in negative equity at December 31, 2010. [ 33 ]
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
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For the second year in a row, Buffalo, New York, has secured the top spot on Zillow's list of the hottest housing markets, earning the distinction of being the first market to secure the No. 1 ...