RealtyTrac Report on Home-Ownership Trends in the U.S.
Daren Blomquist, vice president of RealtyTrac, talked by telephone from California about his company’s recent report on homeowners… read more
Daren Blomquist, vice president of RealtyTrac, talked by telephone from California about his company’s recent report on homeowners who owed more than their house was worth. The report found that 9.1 million residential properties were seriously “underwater.” He discussed the change in the numbers since the previous year, the effect of these homeowners on the housing market and the economy, and the metro areas with the best and worst situations. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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