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Lauren Orsini

Infographic: Underwater Mortgages Still a Drag on Housing

By: - July 8, 2011

Nearly 23 percent of U.S. homeowners were “underwater” in the first quarter of 2011, meaning that they owed more on their home mortgage than their property was worth. That’s the latest data from CoreLogic, a research firm headquartered in California. The greatest challenges lie in states such as Nevada, Arizona and Florida, states that experienced […]