Wednesday, September 29, 2010

Negative Housing Equity and States

Did you know that California,Florida,Ohio,Michigan,Georgia,Arizona and Nevada make up 31%
of the populace of the United States BUT they constitute 62% of the mortgages that have negative equity,,,,,,

http://www.corelogic.com/About-Us/ResearchTrends/Negative-Equity-Report.aspx


or another way of looking at it.... California and Florida are 18% of the populace and have 40%
of the mortgages that are underwater.....