Rising Values Push Nearly One Million Homeowners Above Water

Rising home values pushed almost 750,000 more homeowners into the black in the first quarter of this year! Now we may actually be closer to 1,000,000 homeowners. The number of homeowners who are underwater fell by 5.8% in the first quarter leaving only 23.7% of all homeowners with a mortgage were in negative equity down from 25.2% in the fourth quarter of 2011. The market is moving in the right direction! Read the full article.