Gen X U.S. homeowners underwater; boomers can’t sell

26 Aug 2014

According to Zillow,  43 percent of 35 to 49 year old U.S. homeowners are suffering from negative equity. This can prevent boomers from selling and millennials from buying.

This announcement explains:

High Negative Equity Among Gen X Homeowners Causing Housing Market Gridlock

43 percent negative

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Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.