Steadily rising home prices in 2013 helped 3.9 million borrowers rebuild enough equity in their homes in Los Angeles 2014: The Year of the Move-Up Buyerto get them back in positive territory on their mortgages this year. According to CoreLogic, home values improved 12% between Jan 2013 and Jan 2014, and in some markets like Las Vegas, parts of California, Phoenix, and Salt Lake, prices have increased more than 20%. With so many people regaining equity in their home, mobility in the hou [...]
