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Zillow Research

Detroit

Q3 2016 Negative Equity Report: Bottom Heavy

Negative equity continues to recede as home values keep rising and the market inches ever closer to fully, finally regaining all value lost during the recession. And crucially, as home value growth among less-expensive homes outpaces growth at the higher end, negative equity is falling at a faster clip among entry-level homes – the exact kinds of homes sought by all-important first-time home buyers.

Q2 2016 Negative Equity Report: Why Cities and Suburbs Are Only Sometimes Impacted Similarly

At its worst, negative equity touched all kinds of homeowners in all kinds of markets. The type of community a given home was in – urban or suburban – mattered little. Fast-forward a few years, and the relative vibrancy of a given community and how it has performed over the past few years, and not necessarily its location in the city or suburbs, matters a great deal.