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Real estate market recap, May 4-8

2015-05-09 18:53:07| Real Estate - Topix.net

Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to Black Knight Financial Services' latest Mortgage Monitor report . Home prices in March sat at or within 10 percent of peak levels in 27 states and the District of Columbia, as property values continued to grow across the country, according to data aggregator CoreLogic .

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