Underwater mortgages decline slowly in Sonoma County
The number of underwater homeowners in Sonoma County continues to slowly recede, even as the national numbers remain stubbornly high.… Read More »
Sonoma County: 28 percent of home borrowers under water
Sonoma County had 29,000 homeowners who owed more than their homes were worth in the third quarter, CoreLogic reported Tuesday.… Read More »
In Sonoma County, 31,000 homes ‘underwater’
Nearly a third of Sonoma County homeowners with mortgages remained underwater at the end of last year. Almost 31,000 residential properties — 29 percent of homes with mortgages — were in negative equity in late December, according to a report released Tuesday by CoreLogic of Santa Ana. The latest data compares with almost 32 percent in negative equity a year ago and 28 percent in September. “Negative equity holds millions of borrowers captive in their homes, unable to move or… Read More »
