The amount of underwater homes continues to decrease at the fastest rate in the past two years during the 3rd quarter of 2013. This continues to be great news for the bay area. An additional $42,000 homes in the 3rd quarter of 2013 have emerged from the red into the black in the East Bay, Peninsula and South Bay. This indicates that housing recovery in the Bay Area continues to improve as more people have positive equity in their homes over the past two years. See the full story