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Home > Archives for December 2022

Archives for December 2022

Will Projected Price Declines Drive Pandemic Homebuyers Underwater?

December 15, 2022 by mthomas Leave a Comment

According to a new report from Redfin, recent homebuyers in certain places, like Sacramento and Phoenix, are at higher risk of falling underwater on their mortgage, while Florida homeowners are at even lower risk. New data found just 3.4% of U.S. homeowners who bought in the last two years would be underwater on their mortgage if home values were to fall 4% by the end of 2023. The typical home Continue Reading

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