May 2016 H OUSING N EWS R EPORT
Big Data Sandbox
While the number of underwater homes has been virtually cut in half over the past four years — from nearly 13 million in 2012 to 6.7 million in the first quarter of 2016 — 12 percent of homes with a mortgage are still underwater. RealtyTrac analyzed the 6.7 million homes still underwater to determine the top defining characteristics of these homes — from political districts to prop- erty type to purchase date to home value to ownership type.
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