News

Fewer Las Vegas Homeowners Underwater

View Comments
(credit: Cameron Davidson/Getty Images)

(credit: Cameron Davidson/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
Read More

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

(Seattle, WA)  —  Las Vegas continues to lead the nation in underwater mortgages, but the situation is improving.

Zillow.com says between July and September, 63% of Las Vegas homeowners owe more than their properties are worth.  That’s down from nearly 69% in the second quarter.

North Las Vegas ranked even higher at nearly 74%.  In Henderson, the underwater rate was just over 55%.

Zillow says about 28% of homeowners across the nation owe more than their homes are worth.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,092 other followers