Increasing Home Prices Help “Underwater” Homeowners

Rising Home Prices Helping Some Central Oregon Borrowers…

My principal broker recently sent me a article involving underwater or negative equity homeowners. Reading the article reminded me, as a result of the improving housing market more and more homeowners will escape upside-down/underwater/negative equity situations with their property and/or home loans. Every modest increase in home prices will have a positively exponential affect on the real estate market in Central Oregon, as home buyers who have been trapped by the housing crash come back to the market.

Read the article here…

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