Colorado has increase in rate of mortgages underwater

Publish date
02/24/2010
Source
Denver Business Journal
Main Category
Economy - Colorado
Article Summary

First American CoreLogic reports that the number of homes in Colorado whose value has fallen below that of their mortgage has climbed to 20.2%, or 227,184 million mortgages.  Performed at the end of 2009, the measure of 70.0% for the state of Nevada placed it at 1st, while the next highest-ranking states were Arizona, Florida, Michigan, and California.

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