Metros with the Highest Percentages of Underwater Homes


Nearly five years after the housing market crash, Zillow.com highlights the metropolitan areas with the highest and lowest percentage of homeowners who are "underwater."

Published August 24, 2012 in News - MetroJacksonville.com





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/


This article can be found at: https://www.metrojacksonville.com/article/2012-aug-metros-with-the-highest-percentages-of-underwater-homes


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