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New York 1,554,607 4.4%
Hawaii 201,188 5.6%
Pennsylvania 1,413,181 5.7%
Montana 87,181 6.9%
Connecticut 678,766 7.4%
Alabama 238,978 7.4%
Oregon 641,820 7.5%%
Washington 1,273,659 7.6%
New Mexico 186,844 8.2%
New Jersey 1,748,179 9.3%
Also what is your definition of "underwater"
I just went to the Fed Reserve website, the mortgage delinquency rate by county shows no Florida county in double digits so I wonder how we get 29.2% across the state?
Underwater means, in this case, that the mortgage holder owes more than the home is currently worth - not that they are facing foreclosure or are even delinquent at all.
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