The Geography of Underwater Homes | Open Mind & Open Heart | Scoop.it
New data from Zillow shows fewer homeowners underwater, but the pattern varies widely by geography.

 

The Sunbelt (especially California and Florida) have the highest percentage of homeowners that are 'underwater' and owe more than the home is worth.  Also hit hard are declining metro areas area of the rust belt. 

Question to ponder: Why would these places be hit the hardest?  


Via Seth Dixon