negative equity

noun

1. the state of holding a property the value of which is less than the amount of mortgage still unpaid

Example Sentences

“No one wants to sell if they are in negative equity,” he said.

Read more on MarketWatch

Loose lending standards in the years leading up to the 2008 housing crash left many owners in negative equity when prices fell, creating more incentive for them to hand back the keys.

Read more on The Wall Street Journal

Homeowners see negative equity in their homes as they owe more on their mortgage than the actual value of their home.

Read more on MarketWatch

Negative equity returns were more common over shorter periods.

Read more on MarketWatch

Edmunds says 28.1% of trade-ins had negative equity in 3Q, up from 24.2% in 2Q and the highest share on record since 1Q 2021.

Read more on The Wall Street Journal