Nearly 11 million homes are underwater in America as of the end of the second quarter of 2011, according to CoreLogic data. In response to the widespread illness of homes with negative equity, Credit Sesame created an interactive graphic to illustrate how each state stacks up.
The Western region and the Southeastern region have been hit harder by the struggling economy while much of the Midwest is outperforming the rest of the nation.
When you hover over each state, it offers that state’s percentage of homes underwater and near underwater, alongside the total number of homes nearing negative equity or those already in a negative equity state. I have shown the graphic for California since I live here but if you go to creditsesame’s site, you can see what it is like in your state.
Thank you for reading this post. If I can ever be of help in finding you the perfect property here in the Napa Valley, please email me at Curtis@NapaValleyAddress.com.
Your Broker Extraordinaire, selling Napa Valley Real Estate from its heart, Yountville
My website & blog: www.NapaValleyAddress.com
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