Negative Equity Rates At Lowest Levels Since Housing Market Crash

According to Black Knight Financial Services, negative equity rates, which indicate how many home mortgages are ‘under-water’, fell to lowest levels in the United States since the housing market crash in 2007.

Lowering negative equity rates is an indicator of rising home values. For St. Louis’ 2.8m homes, levels fell to 12.6% in Q3, which is latest data available.

For more information on local market reports, you can also visit Zillow’s Local Market Overview.

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