The States Most (and Least) Likely to Have Underwater Properties

Underwater Properties in the U.S.

More than 5.4 million homes in the United States are “seriously underwater”—meaning the loan amount is 25 percent higher than the property’s market value. But which state has the most (or fewest) underwater homes? Is it yours?

Using the ATTOM Data Solutions property database, you can see the top 15 states in the US with the highest percentage of seriously underwater homes, as well as the 15 states with the lowest percentage.

See if your state made the top 15 with the most (or fewest) seriously underwater properties.

#15 Most Underwater Properties – Pennsylvania

Pennsylvania: 10.3% of properties are seriously underwater.

#14 Most Underwater Properties – Georgia

Georgia: 11.2% of properties are seriously underwater.

#12 (Tie) Most Underwater Properties – Arkansas

Arkansas: 11.4% of properties are seriously underwater.

#12 (Tie) Most Underwater Properties – Connecticut

Connecticut: 11.4% of properties are seriously underwater.

#11 Most Underwater Properties – New Jersey

New Jersey: 12.1% of properties are seriously underwater.

#9 (Tie) Most Underwater Properties – Florida

Florida: 13.1% of properties are seriously underwater.

#9 (Tie) Most Underwater Properties – Maryland

Maryland: 13.1% of properties are seriously underwater.

#8 Most Underwater Properties – Michigan

Michigan: 13.3% of properties are seriously underwater.

#7 Most Underwater Properties – Delaware

Delaware: 13.4% of properties are seriously underwater.

#6 Most Underwater Properties – Missouri

Missouri: 14.2% of properties are seriously underwater.

#5 Most Underwater Properties – Indiana

Indiana: 16.4% of properties are seriously underwater.

#4 Most Underwater Properties – Ohio

Ohio: 16.5% of properties are seriously underwater.

#3 Most Underwater Properties – Illinois

Illinois: 16.8% of properties are seriously underwater.

#2 Most Underwater Properties – Louisiana

Louisiana: 17.1% of properties are seriously underwater.

#1 Most Underwater Properties – Nevada

Nevada: 17.4% of properties are seriously underwater.

Read more here: https://www.msn.com/en-us/money/realestate/the-states-most-and-least-likely-to-have-underwater-properties/ss-AAr2vHa?li=BBnb7Kz#image=17

Tags: Arkansas, Connecticut, Delaware, florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Michigan, Missouri, nevada, New Jersey, Ohio, Pennsylvania, property market value, underwater homes, underwater properties

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