US homeowners lost $108.4 billion in equity, risking underwater status if property prices fall further.
Inside the negative equity timebomb: US homeowners lost $108.4 BILLION in equity this year – leaving more than 200,000 at risk of going ‘underwater’ if property prices fall another 5% Homeowners are sitting on a negative equity timebomb after losing $108.4 billion on their property values this year, experts say. The average borrower saw their …