This statistic shows the share of property owners in serious mortgage debt in selected states in the United States in 2018. In 2018, Louisiana was the state with the highest percentage of underwater properties at 21.7 percent.
Share of property owners in serious mortgage debt in selected states in the United States in 2018
Underwater properties were defined by the source as when "the collective debt load secured by the property is at least 25 percent higher than the property’s estimated market value."
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Bankrate. (August 23, 2018). Share of property owners in serious mortgage debt in selected states in the United States in 2018 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/
Bankrate. "Share of property owners in serious mortgage debt in selected states in the United States in 2018." Chart. August 23, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/
Bankrate. (2018). Share of property owners in serious mortgage debt in selected states in the United States in 2018. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/
Bankrate. "Share of Property Owners in Serious Mortgage Debt in Selected States in The United States in 2018." Statista, Statista Inc., 23 Aug 2018, https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/
Bankrate, Share of property owners in serious mortgage debt in selected states in the United States in 2018 Statista, https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/ (last visited November 21, 2024)
Share of property owners in serious mortgage debt in selected states in the United States in 2018 [Graph], Bankrate, August 23, 2018. [Online]. Available: https://www.statista.com/statistics/946168/highest-rate-underwater-properties-states-usa/
