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Fewer US homeowners with negative equity in Q2

Published Thu, Nov 21, 2013 · 10:00 PM
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[BOSTON] The number of Americans who owe more on their mortgages than their homes are worth fell at the fastest pace on record in the third quarter as prices rose, a sign that supply shortages may ease as more owners are able to sell.

The percentage of homes with mortgages that had negative equity fell to 21 per cent fr…

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