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1 in 6 homes still seriously underwater as home price growth slows
July 24, 2014Trey Garrison
1 in 6 homes still seriously underwater as home price growth slows
Down 26% from 2013, but decline slowed with slowing price gains
Markets with the most negative equity
States with the highest percentage of residential properties seriously underwater in the second quarter were Nevada (32%), Florida (30%), Illinois (30%), Rhode Island (29%) and Michigan (27%).
Major metropolitan statistical areas (population 500,000 or more) with the highest percentage of residential properties seriously underwater were Lakeland, Fla (37%), Las Vegas (35%), Cleveland (35%), Palm Bay-Melbourne-Titusville, Fla (32%), Chicago (30%), Cape Coral-Fort Meyers, Fla (30%), and New Haven-Milford, CT (30%).
Markets with the most resurfacing equity
http://www.housingwire.com/articles/30765-in-6-homes-still-seriously-underwater-as-home-price-growth-slows?page=2
