4 characters of the value of your house could fall

Despite signs that the housing market turned the corner, millions of homeowners could be in a worse situation in the next two years. Unable to perform Translation:invalid textNearly half the country's 52 million mortgage borrowers have negative equity at the end of the first quarter of 2011 from 14 million at the end of the first quarter of this year, estimated at 5 Report published in August by Deutsche Bank . With many borrowers "under water" - or because their mortgages are worth more than their home - the risk is great that they and their homes, going by default in foreclosure, said Mark Zandi, chief economist at Moody's Economy.com . (Moody's Economy.com estimates, 17.5 million mortgage borrowers since the beginning of 2010 under the water.) Unable to perform Translation:invalid textUnable to perform Translation:invalid result dataUnable to perform Translation:invalid text"The continuing decline of housing prices in the U.S. will contribute to the rapid increase in the rate of negative equity," said Karen Weaver, an analyst at German bank in the report. "The implication is obvious to loan repayments." Unable to perform Translation:invalid textThe current owners, or find a house and are worried that end up under water, should take into consideration how long you expect to live in their homes. Its water has no effect on owners, unless it intends to sell, "says Zandi. Unable to perform Translation:invalid textPeople who remain in the pay of at least five to seven years is probably the value of lost homes, said contact Amy Bohutinsky, a spokesman for Zillow.com. In addition, owners should refrain from borrowers who said their guide, they said. Unable to perform Translation:invalid textThose who may be under water at the federal Promote the initial plan, which may help to refinance or loan modification in turn, must be found. You must complete the conditions listed here. Unable to perform Translation:invalid textIf you are at risk of developmental delay, maybe more with the economy and the neighborhood as your job, your credit card or your income has to be done. Here are four signs that go diving. Unable to perform Translation:invalid textForeclosures in Your Area The quickest way to end under water in an environment plagued by seizures live. Unable to perform Translation:invalid textIf you go to your house on your block to closure, their value will decrease by 1%, says Zandi. But this is not one-to-one. If two houses on a block to enter foreclosure, the value of the house more than 2% will be reduced. Unable to perform Translation:invalid textWhat's homes going into foreclosure, they create a domino effect, reducing home values in an environment where a waterfall outside the control of home and apartment owners. (For more information, see "foreclosure in the neighborhood? That's your problem.) Unable to perform Translation:invalid textArea foreclosure listings, you can visit MSN Real Estate. Unable to perform Translation:invalid textHomes linger on market To live with "For Sale" in a neighborhood for three months or more would be May the buyer and the seller can not agree on a price. In this environment, it is unlikely to sell a property, if the seller is liable to reduce their prices. Unable to perform Translation:invalid text"Time to market is always a good barometer of demand for housing and house prices in transactions," said Zandi. "Also it seems that the recruitment of residents to their homes, as you probably are not always the price you want to sell and prices fall. Unable to perform Translation:invalid textCompare the time to sell a property in the area three years ago than today, when it takes weeks or months longer to sell, house prices will fall, "said Zandi. Unable to perform Translation:invalid textMSN Home Real Estate Valuation Tool includes time-on-market information. Unable to perform Translation:invalid textRising unemployment In most cases, the city where most homes have lost value during the past year, although unemployment rates are higher. Unable to perform Translation:invalid textReal Estate in Merced, Calif., has lost 40.2% of its value year compared to last year, the biggest loss in value of homes in the nation, according to Zillow.com. The unemployment rate in cities is the fourth worst of the 372 metropolitan areas to 17.6% in July after the data of the Ministry of Labor. El Centro, California, where home values have fallen years (37.6% over the previous year, the second largest fall) is the worst unemployment rate in the country at 30.2%. Unable to perform Translation:invalid textBack to those who fought in areas of high unemployment is likely to turn to their values at home more, especially if they live in areas dependent on declining industries - such as the Central Valley, California, and the sector of Mortgage or Detroit and the automotive industry, "said Zandi. Unable to perform Translation:invalid textYou can get the latest unemployment statistics for most metropolitan areas here. Unable to perform Translation:invalid textProperty in poor condition Flooring dented, chipped paint and broken porches may be signs that people are difficult to make ends meet and can no longer pay for care at home, "said Zandi. Or they can have an assessment and have found their homes decreased in value and are worth more than the cost of repairs. As the condition of homes in your area to deteriorate, house prices are almost inevitable. Unable to perform Translation:invalid textWhat are the borrowers underwater Risk of Mortgage: About 77% of option-ARM borrowers and 50% of the borrowers of subprime loans were estimated as in the first quarter of 2009, under the water, according to a report by Deutsche Bank. With the option-ARM borrowers to the minimum monthly payments, even the interest on loans. Since the market has decreased, increased, these balances. For subprime loans, the borrowers 'credit scores, often poor and a bit' of information about their financial situation. In both cases, borrowers often end up mortgage large compared to the price of the house. Unable to perform Translation:invalid text"The mere fact that we invest in their home meet," said Zandi. Unable to perform Translation:invalid textDate of purchase: The people who bought their homes between 2003 and 2008, are at risk of under water, because they were purchased, while prices have increased, "said Zandi. The risk is greater for those who bought in 2005 and 2006, while the market was approaching its climax. Unable to perform Translation:invalid textExcessive debt: A lot of people against their homes during the bubble of the loan with the conclusion of a second mortgage or tapping lines of credit or mortgage loans for the home. This link left their homes with less capital to weather lower prices home. Unable to perform Translation:invalid textHome Location: The areas most affected by falling home values, the sand, "states" of Arizona, California, Florida and Nevada, he has led the speculation, easy credit and retraining during the bubble, "said Zandi. Too bad states, where unemployment is particularly high and the production of jobs have been like Michigan, Ohio and Indiana, "said Zandi eliminated.