Here are the numbers for April 21, 2010 - it does not seem happy currently - but the ending will be :-)
The average borrower owes more than 70K more than their home is worth. 10 Million Borrowers are upside down on their mortgages - 12 Million Homeowners owe more on their homes than they are worth. In South Florida Alone - 40% of all homes are under water. Of the people that purchased real estate in the past 5 years, 30% are upside down. ***The final depressing word - By Mid 2010, 20% of all homeowners will be upside down with their mortgages.
We have just completed the finishing touches on our Short Sale Website that will also show you all of the government programs that will be of assistance with your short sale. http://shortsalehelpcall.com
My BEST
