Homeowners Drowning in Negative Equity

""Higher rates of negative equity are creating a lot of latent vulnerability in the housing stock, where if the household then encounters some economic shock, like the loss of a job or divorce or death, then that household is much, much more likely to go into foreclosure," notes Zillow's Stan Humphries. "So it just means that higher rates of negative equity, we're going to see elevated rates of foreclosure for the next two to three years.""