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re: ‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Posted on 5/9/24 at 11:19 am to
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3518 posts
Posted on 5/9/24 at 11:19 am to
quote:

Roughly one in 37 homes are now considered seriously underwater


How many of these homes are STR investments that someone thought "I can buy, spend $200K putting in new floors and sliding barn doors and increase its value $250K" only to find out that they didn't?
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