Zillow: As the Housing Market Recovers, Negative Equity Concentrates in the Rust Belt

SEATTLE, June 8, 2016 -- As the housing market continues to recover, homeowners who are underwater on their mortgages are increasingly concentrated in the Rust Belt, while West Coast homeowners are less likely to be in negative equity, according to the first quarter Zillow® Negative Equity Report. Nationally, 12.7 percent of homeowners with a mortgage […]