May 18, 2024

South Fla. Homes Gaining Equity Again

Purchase year

% of homes with negative equity in Miami-Dade, Broward and Palm Beach counties

2004

43.5%

2005

76.8

2006

88.2

2007

86.1

2008

47.7
2009 16.6
Source: Zillow Real Estate Market Reports, first quarter 2009

Fewer homeowners in Miami-Dade, Broward and Palm Beach counties owe more on their homes than the homes are worth.

Tags: Miami-Dade

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