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Zillow: Negative equity levels drop significantly in San Antonio

from San Antonio Business Journal

At the end of the first quarter of this year, 12.8 percent of all residential properties in the San Antonio area with a mortgage were in negative equity, according to the latest analysis by Seattle-based online residential resource Zillow Inc. By comparison, as of the fourth quarter 2013, the negative equity rate for the local housing market stood at 13.7 percent. more

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