Negative equity share in R.I. falls to 7.3% in 2017 Q4, U.S. rate is 4.9%

RHODE ISLAND RANKED No. 39 on a list of states with the least negative equity, with only six states having a greater percentage of mortgaged homes with negative equity (not all states returned data for this list). / COURTESY CORELOGIC
RHODE ISLAND RANKED No. 39 on a list of states with the least negative equity, with only six states having a greater percentage of mortgaged homes with negative equity (not all states returned data for this list). / COURTESY CORELOGIC
PROVIDENCE – Despite seeing an average homeowner equity gain of $20,000 in 2017, Rhode Island still ranked No. 39 on a list of states with the least negative equity, according to real estate analytics company CoreLogic. Thus, while the Ocean State is well below the high-water mark of negative equity nationally set in the fourth…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -