Most Underwater States

Percent of mortgages with negative or near-negative equity:

1. Nevada: 71.69%

2. Arizona: 54.71%

3. Florida: 50.43%

4. Michigan: 43.63%

5. California: 36.93%

6. Georgia: 35.82%

7. Idaho: 28.91%

8. Virginia: 28.54%

9. Colorado: 27.80%

10. Maryland: 27.19%

Source: Forbes.com

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Neil D. Lyon CRB, CRS, GRI Cell: 505.660.8600 Direct: 505.954.5505

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