Millions of Households Still Underwater!
Posted: June 1, 2018 | Source: www.bloomberg.comAccording to Bloomberg, a decade after the collapse of the housing market, about 4.5 million U.S. home owners are still under water and owe more than their homes are worth. Over 700,000 owe more than twice their home’s current value. Hardest hit areas are Virginia Beach, Baltimore, Chicago and Washington D.C.