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brooklynite

(94,445 posts) Wed May 30, 2012, 04:54 PM May 2012

The U.S. Housing Crisis: Where are home loans underwater?

Zillow:

With U.S. home values falling by nearly 25% since peak in 2007, many homeowners are now underwater in their mortgages, meaning they owe more than their home is worth. Search our interactive map to discover what percentage of homes in your county or ZIP code are in negative equity, based on Zillow's first quarter 2012 data.

...and people used to joke about buying swampland in Florida...

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The U.S. Housing Crisis: Where are home loans underwater? (Original Post) brooklynite May 2012 OP

The jokes came from the epidemic of blatant real estate scams that Floriduh's Egalitarian Thug May 2012 #1

Egalitarian Thug

(12,448 posts)

1. The jokes came from the epidemic of blatant real estate scams that Floriduh's

Reply to brooklynite (Original post)

Wed May 30, 2012, 05:51 PM

May 2012

laws allowed back at the turn of the last century. That state's been what it is for a long time.

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