Home equity for Americans
Nearly 11 million homes are underwater in America as of the end of the second quarter of 2011, according to CoreLogic data. In response to the widespread illness of homes with negative equity, Credit Sesame created an interactive graphic to illustrate how each state stacks up.
We learned that the Western region and the Southeastern region have been hit harder by the struggling economy while much of the Midwest is outperforming the rest of the nation.
When you hover over each state, it offers that state’s percentage of homes underwater and near underwater, alongside the total number of homes nearing negative equity or those already in a negative equity state. Each graphic is animated to show how far underwater each state is and as the hovering over a state like Nevada is pretty alarming.
Click on the graphic below to visit the interactive graphic of all 50 states:
11 million American homes are now underwater – interactive infographic http://t.co/ly7iakST | Agent Genius
11 million American homes are now underwater – interactive infographic http://t.co/6ptwWKXr
11 million American homes are now underwater – interactive infographic http://t.co/pgNvDcCK | Agent Genius
11 million American homes are now underwater – interactive infographic http://t.co/shLF9cmC | Agent Genius
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National Association of REALTORS®, RE/MAX of New England realtors, and Hartford residents trying to figure out if… http://t.co/1jPZVi9L
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Not out of the swamp yet! 11 million American homes are now underwater – interactive infographic http://t.co/hHBPt1Dd via @AGBeat
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11 million American homes are now underwater – interactive infographic http://t.co/fzpsFbsk via @zite
Not out of the swamp yet! 11 million American homes are now underwater – interactive infographic http://t.co/hHBPt1Dd via @AGBeat
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[...] home prices drop to 2003 levels according to S&P/Case-Shiller, and with 10.7 million homes in America owing more on their mortgage than their home is now worth, economists are scrambling to call the bottom of the housing [...]