KXNT_35x90 cbssports1140-horizontal-small

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