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By Dedidre Woollard | inman
Years after the housing crisis, many, but not all, homeowners have emerged from negative equity. At its peak in 2012, negative equity sat at 31.4 percent. As Zillow reported in a recent update, at the end of 2016, just 10.5 percent of homeowners were still underwater, down from 13.1 percent of homeowners at the same time last year.
However, as the rate of home prices slows, the rate at which negative equity declines is also impacted.