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Fewer Dallas Homeowners Upside Down on Their mortgage

The good news for 2011 is that fewer homeowners in Dallas

Tx are upside down on their mortgage. CoreLogic Inc. recently reported that at the end of September, 13.9% of Dallas homeowners owed more than their home is worth. This is definitely good news compared to the 2009 peak of upside down homeowners in Dallas that hovered around 30%.

The reason for the decline is that more homeowners are paying down their mortgages as well as the high number of foreclosures in the Dallas area that have helped considerably.

The Dallas area is one of the better areas compared to other cities and states that have seen upwards of 66% of their homeowners upside down on their mortgages.

If you
are starting to fall behind on your mortgage give The Good Home Team a call at 972-468-5017 or go to www.LoanModExperts.org to schedule your free no obligation consultation on how we can help.

The Good Home Team with Keller Williams Realty is a top
producing and highly sought after team that services the North Dallas
area including Richardson, Allen, Plano, Mckinney, Frisco, and Fairview
Texas. Contact The Good Home Team by calling 972-468-5017 or visit us on the web at www.TheGoodHomeTeam.com.

Posted Thursday Dec 16