Say It Ain't So Already

So Much Suffering

February 23, 2010 at 6:30 PM Leave a comment

This is indescribably bad news:

First American CoreLogic, the research firm that monitors housing equity, reported Tuesday that 11.3 million homeowners — or 24% of all homes with mortgages — were underwater as of the end of 2009. That’s up from 23% and 10.7 million borrowers three month earlier.

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