Inman News cites PropertyRadar on October 16, 2013: Despite a whopping 25 percent year-over-year jump in the median sales price of a home in California in September, 22 percent of homeowners in the Golden State remained underwater. That’s 1

Nearly 1 in 4 California homeowners still underwater

Written by:
PropertyRadar
Written on:
November 5, 2013
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Inman News cites PropertyRadar on October 16, 2013: Despite a whopping 25 percent year-over-year jump in the median sales price of a home in California in September, 22 percent of homeowners in the Golden State remained underwater. That’s 1.5 million who owe more on their mortgage than their home is worth — down just over 50 percent from five years ago, according to real estate data firm PropertyRadar.

Written by:
PropertyRadar
Written on:
November 5, 2013
Category: