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Do buyers have more power in today's housing market? As the housing market struggles to regain its footing, about 11 million homes are in negative equity, with those homeowners "trapped," said Sam Khater, a senior economist with CoreLogic. ADVERTISEMENT

24 Negative equity + unemployment = more foreclosures. Percent Single-Family Unemployment Metro Homes With Mortgages in Rate Negative equity can only Negative Equity be worked down by (March 2010) (March 2010) sales/foreclosures, price USA 23.3% 10.2%

Negative equity can occur because of a decline in home value, an increase in mortgage debt or both. Negative equity peaked at 26 percent of mortgaged residential properties in Q4 2009 based on CoreLogic equity data analysis, which began in Q3 2009.

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The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic.

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Housing Wire – "CoreLogic: Negative equity props up home prices in toughest markets" (6-11-12) "The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic ($17.39 0.06%) ."

Fourth, estimates for the September quarter have started coming down, but the pace and magnitude of negative revisions. for 28.1% of the index’s total market capitalization. total earnings for.