CoreLogic: 28.3 percent of mortgaged homes in Miami underwater

A lot of Miami homeowners are still upside down in their mortgages, according to data from CoreLogic. Despite the rebound in home prices, 25.3 percent of Miami area residences that have a mortgage.

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Nearly 75 percent of all underwater borrowers are. But nationally, the level of mortgage debt remains high relative to home prices,” said Mark Fleming, chief economist with CoreLogic. In the.

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Irvine, Ca-based CoreLogic. of 19 percent year over year from 4.5 million homes, or 8.9 percent, compared with Q2 2015. Negative equity, often referred to as "underwater" or "upside down," applies.

CoreLogic: Fewer homes underwater In real estate on September 12, 2012 at 4:35 pm SANTA ANA, Calif. – Sept. 12, 2012 – CoreLogic says 10.8 million (22.3 percent) of all residential properties with a mortgage had negative equity (underwater) at the end of the second quarter 2012.

Miami’s percentage of underwater mortgages on the decline: CoreLogic. More than 27 percent of all mortgaged homes in Miami-Dade were underwater as of the fourth quarter in 2014, CoreLogic reported.

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Underwater Mortgages Highest in Nevada, Florida, Illinois. the corelogic home price index was up 5.5 percent year over year through the first quarter.. Corelogic, underwater mortgages. Free.

Despite the sharp rebound in housing prices in Miami in recent years, 28.3 percent of mortgaged homes in the area were still underwater in the third quarter of 2014, according to CoreLogic.

CoreLogic, Irvine, Calif., said 268,000 homeowners regained equity in the first quarter, bringing the total mortgaged residential properties with to 46.7 million, or 92 percent of all mortgaged properties. Nationwide, CoreLogic said home equity increased year over year by $762 billion in the first quarter.