Home Must Reads Portland's underwater mortgages fall

Portland's underwater mortgages fall

| Print |  Email
Must Reads
Thursday, November 21, 2013

More than half of the 144,000 Portland-area underwater mortgages are back in positive equity.

About 71,000 homes, or 16.9 percent of mortgaged homes in the metro, remain underwater by about $5.25 billion.

Millions of U.S. homeowners found themselves in so-called “negative equity” after the housing bubble burst and prices began to crash. People who had recently bought their home, especially with a small down payment, or had taken out second mortgages found their home’s value had fallen below the amount of their home loans.

Read more at OregonLive.com.

 

More Articles

Speeding up science

News
Tuesday, February 25, 2014
02.25.14 Thumbnail MedwasteBY JOE ROJAS-BURKE | OB BLOGGER

The medical research enterprise wastes tens of billions of dollars a year on irrelevant studies. It’s time to fix it.


Read more...

Downtime with Ron Green

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

Ron Green became president and CEO of Oregon Pacific Bank in August 2013.


Read more...

Powerlist: Meeting perspectives

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

A conversation about the event-planning industry with sales directors from McMenamins and the Portland Art Museum. 


Read more...

Spreading the wealth

March 2014
Tuesday, February 25, 2014
HiResBY PAIGE PARKER

A money management firm broadens its reach. 


Read more...

Branching out

March 2014
Tuesday, February 25, 2014
DSC04185BY LINDA BAKER

A blueberry bush is a blueberry bush — except when it’s a blueberry tree.


Read more...

The 2014 100 Best Companies to Work for in Oregon

News
Friday, February 28, 2014

100best14logo ThumbnailThe 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.


Read more...

On fire

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

A self-proclaimed “chile head,” John Ford “grows, eats and does everything spicy.” 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS