Measure of mortgages underwater is decreasing

Publish date
08/26/2010
Source
MSNBC.com
Main Category
Economy - US
Article Summary

First American CoreLogic reports that the number of homes whose value has fallen below that of their mortgage has declined to 23.0%, or 11 million mortgages nationwide. Among the states, Nevada, Arizona, Florida, Michigan, and California posted the highest concentrations.

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