Mortgaged Portland-area homeowners remain 'under water'

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Friday, February 28, 2014

15.2% of metro-area homeowners with a mortgage still owed more than their home was worth at the end of 2013.

new report from the real estate website Zillow says that all together those 64,000 homeowners are "under water" by about $4.5 billion.  And more than one-third of area homeowners don't have enough equity to to sell without taking a loss.

 Read more at OregonLive.com

 

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