As home prices slow, tougher for homeowners to get ‘above water’
Las Vegas’ once-huge rate of underwater homeowners keeps improving, but as price-growth slows, the flow of borrowers escaping upside-down status has slowed with it. An estimated 26.4 percent of Southern Nevada homeowners with mortgages were underwater — meaning their debt outweighed their home value — in the fourth quarter last year, according to a new …
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