Metros with the Highest Percentages of Underwater Homes
August 24, 2012 16 comments Print ArticleNearly five years after the housing market crash, Zillow.com highlights the metropolitan areas with the highest and lowest percentage of homeowners who are "underwater."
Large Metros with the Highest Percentages of Underwater Homes
Rank -- Region -- Negative Equity Percent of Homes w/ Mortgage
1. Las Vegas 68.5%
2. Atlanta 54.4%
3. Orlando 51.9%
4. Phoenix 51.6%
5. Riverside 51.2%
6. Jacksonville 51.2%
7. Sacramento 49.3%
8. Detroit 48.3%
9. Tampa 46.6%
10. Miami-Fort Lauderdale 43.7%
Map courtesy of Zara Matheson, data courtesy of Zillow.
Large Metros with the Lowest Percentages of Underwater Homes
Rank -- Region -- Negative Equity Percent of Homes w/ Mortgage
50. Buffalo 12.3%
49. Rochester 13.2%
48. Pittsburgh 15.6%
47. Oklahoma City 19.5%
46. Boston 19.6%
45. San Jose 20.3%
44. Louisville 20.6%
43. New York 20.7%
42. San Antonio 20.8%
41. Hartford 21.4%
Full article: http://www.theatlanticcities.com/housing/2012/08/geography-underwater-homes/3034/
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