Tuesday, August 10, 2010

Two of three local mortgages underwater

Phoenix area homeowners are drowning in their mortgage payments.
According to new research from the real estate website Zillow.com, nearly 67 percent of all homeowners with mortgages in the Phoenix area are underwater on their homes. That means they owe more on the mortgage than the house is worth.


Nagle Law Group, P.C.
4530 E. Shea Blvd., Ste 140 Phoenix, AZ 85028
(602) 595-3156
http://www.naglelawgroup.com.realestate.asp

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