By Chris B Johnson Realtor, Ventura County, CA In the fourth quarter of 2013, 9.3 million residential properties representing 19% of all properties with a mortgage were seriously underwater, and in the first quarter of 2013 10.9 million residential properties representing 26% of all properties with a mortgage were seriously underwater.
“U.S. homeowners are continuing to recover equity lost during the Great Recession, but the pace of that recovering equity slowed in the first quarter, corresponding to slowing home price appreciation,” said Daren Blomquist, vice president at RealtyTrac. “Slower price appreciation means the 9 million homeowners seriously underwater could still have a long road back to positive equity.”
Many Ventura County Homes Appreciated by over 20% Last Year. Yours may have now have enough equity to sell without being “Short”.
Pricing your home correctly the FIRST TIME is more important than ever!
If you want an accurate idea of what your home is worth Click Here:You may now have enough EQUITY in your home to sell WITHOUT
having to be “short”. If you are thinking about a short sale I can help
you get an accurate value for your home and get back on your feet.
If you would like periodic updates on what is going on in Your Neighborhood
or the Ventura County Real Estate Market, Click on the Links!
Thanks for reading this,
Chris B Johnson.
Chris B Johnson is a Realtor with Prudential California Realty, Berkshire Hathaway HomeServices .
Phone: 805-208-0823.
email cjohnson@prucalhomes.com.
Certified HAFA Specialist, Certified Short Sale Negotiator.
Thousand Oaks Market Update Simi Valley Short Sale Trends
Moorpark Market Update Moorpark Market Trends
Ventura County Mortgage Forgiveness Ventura County Buyers vs Sellers
Visit NAR's Short Sales and Foreclosure Resource Certification
No comments:
Post a Comment