Friday, November 18, 2011

Mortgage Flood

Cool infographic that illustrates the number of mortgages underwater in each state. Again, there is no way to artificially fix this problem. Any attempt to do so only prolongs the agony for millions and punishes those that have made good, sound investments. If the government would step away from this problem, the market would self correct quickly and then slowly begin to recover. Rising home prices, even if from lower levels, are exactly what our economy needs to begin to recover.

Find out how many homes are underwater in your state.

Tags: Housing Market, Housing Prices, Negative Equity Mortgages, Underwater Mortgages

No comments:

Post a Comment