Uh oh: 80 percent of mortgages in Las Vegas are underwater 

It’s almost 70 percent in Phoenix. In fact, Business Insider has a slide show listing the top twenty cities with mortgage trouble. Aside from Las Vegas and Phoenix, most of the problem cities seem to be concentrated in California and Florida. Nationally, 23 percent of all mortgages are underwater. Something tells me the real estate market has a long way to go before this gets sorted out.

About The Author

Mark Hemingway

Pin It
Favorite

More by Mark Hemingway

Latest in Nation

© 2018 The San Francisco Examiner

Website powered by Foundation