underwater

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11.1M Households Underwater
 11.1M Households Underwater 

11.1M Households Underwater

Number jumps to 23.1% at end of 2010, more likely on way

(Newser) - Just when it looked like the housing market might be treading water, more American homes slipped underwater at the end of 2010, reports the AP. Now 23.1% of all mortgages, or 11.1 million, outweigh the value of the house they secure—up from 22.5% in the previous...

Cool and Weird Places to Swim
 Cool and Weird Places to Swim 
travel

Cool and Weird Places to Swim

(Newser) - If you love swimming but tire of the ordinary and the chlorine-scented, consider these "unusual or cool places" uncovered by WebUrbanist :
  • The Dead Sea: Lie back and read a good book in the world's saltiest body of water, which will likely keep you afloat while delivering "an
...

Underwater Billboards? They're Suspicious in Seattle

Seafood standby heavily promoting 'recently' discovered underwater ad campaign

(Newser) - After unearthing plans laid long ago by its founder, a legendary Seattle seafood restaurant is pulling underwater advertising billboards out of Puget Sound—though Ivar’s accompanying advertising blitz and founder Ivar Haglund’s notorious record of self-promotion have residents smelling something fishy, the Times reports. “If I was...

How Annie Leibovitz Got Underwater
 How Annie Leibovitz 
 Got Underwater 
GLOSSIES

How Annie Leibovitz Got Underwater

(Newser) - Photographer to the stars Annie Leibovitz is in a widely reported financial pickle, but it really comes as no surprise to those close to her, New York reports. Leibovitz is now engaged in baroque legal wrangling over her catalog, but her troubles started earlier. Insiders say a suspected “contract...

1 in 5 Homeowners Underwater
 1 in 5 Homeowners Underwater 

1 in 5 Homeowners Underwater

Negative equity spikes to 21.9% as prices keep dropping

(Newser) - More than one in five American homeowners owe more on their mortgages than their homes are worth, according to a new study. The increase in negative equity has been accompanied by new signs that first-time buyers are taking advantage of lower prices in the housing market. But as prices continue...

Obama Housing Rescue Plan Leaves Many Out in Cold

Criteria keep many who need help from refinancing under the plan

(Newser) - A large swath of Americans will see no help under the Obama administration’s housing rescue plan, the New York Times reports. While designed to prevent 3 million to 4 million foreclosures through loan modifications, the plan doesn't cover those whose loans aren’t backed by Fannie Mae or Freddie...

Scientists Stumped by Oregon Quakes

Rumbling of 600 quakes in 10 days caught by underwater microphones

(Newser) - A swarm of more than 600 earthquakes off the Oregon coast has scientists stumped, the Oregonian reports. The activity started around 10 days ago and a research ship has been diverted to the area to look for answers. The earthquakes resemble those that happen before a volcano erupts but there...

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