Real estate's 5 stages of underwater grief

Mood of the Market

Most of us equate grieving with the emotional process that follows a death of a loved one. In fact, to grieve is to mourn and process any grave loss.

At this stage in the game, the average American has lost tens or hundreds of thousands of dollars’ worth of the value of their home, with 25 percent having lost so much that they now owe more than their home is worth, according to the Wall Street Journal.