Nevada Leads Nation with Underwater Homeowners

Forty-eight percent of Nevada homeowners with a mortgage owe more to the bank than their homes are worth, according to a report released today by First American CoreLogic.  Nevada leads the country with 48% of it’s mortgagors underwater; followed by California, Arizona and Florida, Georgia and Michigan.

Collectively these top six states account for nearly 60 percent of all homeowners who are underwater on their mortgages

Follow these links for more details:

Fox Reno.com link
Reno Gazette Journal link

 

Avatar

About Guy Johnson

I am a licensed Nevada REALTOR® living and working in Reno, Nevada. Give me a call at 775-722-4011. My team and I will be happy to assist you with your real estate needs.
This entry was posted in News and tagged , , , , . Bookmark the permalink.

Leave a Reply