Number of St Louis Homeowners With Negative Equity Hits Lowest Level in Over 5 Years

By Dennis Norman, on January 8th, 2015

The number of St Louis Homeowners with negative equity (or underwater) during the third quarter of 2014 hit the lowest level since Corelogic began tracking this data in the 3rd quarter of 2009. During the quarter, 8.43% of St Louis homeowners with a mortgage were underwater or in a negative equity position meaning their mortgage balance exceed the current value of their home, according to the latest data from Corelogic.

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