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Two Numbers: The Housing Market Breathes Under Water

The housing market exited the trauma ward in 2013. Prices rose as much as 30 percent in some areas, bidding wars broke out and the foreclosure rate halved from its peak. But the patient is by no means fully recovered. In fact, five years after the housing bubble collapsed, a staggering one in five mortgage holders still owe more than their home is worth.

via Two Numbers: The Housing Market Breathes Under Water.

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