Number of St Louis Homeowners With Negative Equity Continues To Drop In Most Areas

Over the past couple of years, as the St Louis real estate market has continued performing well, mortgage delinquencies and foreclosures have continued to decline.  Rising home value has also caused the number of “underwater” homeowners, also known as homeowners in a negative-equity position (meaning their mortgage balance exceeds their homes current value) to decline as well.  As the table below shows, 5 of the seven St Louis area counties listed saw a decline in the number of underwater properties in the 3rd quarter of this year from a year ago.  The largest decline in underwater properties was St Charles with a 35% decline.  The two exceptions, the city of St Louis and St Clair County, Il, saw an increase in underwater property of 2% and 14% respectively.

St Louis Underwater (Negative-Equity) Properties – 3rd Quarter 2017

Please leave this field empty

📬 Stay Ahead of the St Louis Market

Get local real estate updates, trends & insights — as soon as they publish.

Homeowners, buyers, investors & agents rely on us for what really matters in STL real estate.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Please leave this field empty

📬 Want St Louis real estate updates as they drop?

Check your inbox or spam folder to confirm your subscription.

Related Articles

The Number of Homeowners With Negative Equity Continues to Decline

Jan 18, 2013

Number of St Louis Homeowners with Negative Equity on the Decline;  Short sale help for Sellers and Buyers

Jul 13, 2012

Number of St Louis Homeowners with Negative Equity Drops Almost 9 Percent in Past Year

Sep 12, 2012

Number Of St Louis Homeowners In Negative Equity Position Declines Nearly 20 Percent In Past Year

Sep 22, 2017