53,000 Orange County Homes Regain Equity

 

More than 53,000 Orange County homes that had more debt than they were worth have regained equity this year so far, according to Irvine-based real estate data firm CoreLogic.

As of the third quarter of 2013, 29,514 Orange County homes were “under water,” meaning that their owners owed more on the mortgage than the homes were worth. That represents 5.4 percent of all Orange County homes with a mortgage.

 

 

 

 

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