From RealTrends.com: Home prices have rebounded so rapidly that RealtyTrac is reporting 8.3 million borrowers who’ve been underwater are on track to have enough equity to sell their home within the next 15 months-without resorting to a short sale.
Metro markets that boast the highest percentage of homes with resurfacing equity include Omaha, Nebraska; Colorado Springs, Colorado; Tulsa, Oklahoma; Little Rock, Arkansas; and Raleigh, North Carolina.
Read more: Study Finds 8.3M Homeowners on Verge of Positive Equity