WebHeader_Grove.png
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Get 2 limited-edition podcast mugs when you make a sustaining gift of $8 or more per month today!

Home Values Rise As Borrowers Sink Deeper

A new report from real estate tracking firm Zillow finds in 21 out of the 50 largest U.S. cities -- the number of homeowners who owe more on their home than it is worth -- is increasing. (Michigan State Historic Preservation Office/Flickr)
A new report from real estate tracking firm Zillow finds in 21 out of the 50 largest U.S. cities -- the number of homeowners who owe more on their home than it is worth -- is increasing. (Michigan State Historic Preservation Office/Flickr)

The real estate market continues to recover but homeowners at the bottom of the market are sinking deeper.

A new report by real estate database Zillow shows that in 21 of the 50 biggest U.S. cities, the number of homeowners who owe more on their home than it is worth is increasing, especially in the Midwest and the South.

Michael Regan of Bloomberg News joins Here & Now’s Jeremy Hobson to discuss the data.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.