9. Ohio
Percentage of mortgages underwater: 23.9 percent
Despite an increase of 5 percent in median home prices, the real estate market in Ohio's capital city of Columbus remains depressed. The average list price of a home there in the last week of February was $143,363, but the average sale price was only $82,000 from December 2011 to February 2012. Home sales decreased more than 90 percent year-over-year, according to Trulia.com.
Recommended
2 Comments Add a Comment
- linkicon reporticon emailicon
- Personally, I'm hoping the town of Acworth implodes on one of its residents! Just an opinion.
- reply
- linkicon reporticon emailicon
- Homeowners who are underwater in their mortgages may be able to refinance at today's low interest rates without having to appraise out thanks to new rules see your refinance rate at "Official Refinance"
- reply
