More than 10% of Homeowners Still Underwater: Zillow

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The share of homeowners who owe more than their house is worth remains above 10% nationwide, according to data from Zillow’s second quarter Negative Equity Report.

Zillow said Thursday that 12.1% of homeowners with a mortgage are underwater, which is down from 12.7% in the previous quarter and from 14.4% a year ago.

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