- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Most Underwater Mortgages in the US - Baton Rouge 1st, Nola 2nd WTF?
Posted on 5/9/24 at 9:51 am
Posted on 5/9/24 at 9:51 am
Among metro areas with a population of at least 500,000, Baton Rouge, La. had the largest share of seriously underwater mortgages in the first quarter, with 13.4%. Neighboring New Orleans came in second with 7.3%, followed by Jackson, Miss., and Little Rock, Ark., with 6.5% and 6%, respectively. Syracuse, NY came in fifth, with 5.6% of homes seriously underwater.
Holy shite! Q1 2024 Most Underwater Mortgages Per Metro 500k Pop
Holy shite! Q1 2024 Most Underwater Mortgages Per Metro 500k Pop
This post was edited on 5/9/24 at 9:53 am
9
Posted on 5/9/24 at 9:52 am to Tomatocantender
Wish it was broken down by cost paid for home
Posted on 5/9/24 at 9:53 am to Tomatocantender
Declining markets.
Underwater means the balance on the mortgage is more than the value of the house.
Underwater means the balance on the mortgage is more than the value of the house.
Posted on 5/9/24 at 9:53 am to Tomatocantender
Those truck nut payments come before the house baw
Posted on 5/9/24 at 9:54 am to Tomatocantender
I don't see how this is shocking to people.
Posted on 5/9/24 at 9:54 am to Tomatocantender
May simply mean those are the areas with the latest sales.
A mortgage is going to be underwater in the early part of the mortgage far more than at the middle or end.
A mortgage is going to be underwater in the early part of the mortgage far more than at the middle or end.
Posted on 5/9/24 at 9:56 am to Tomatocantender
I mean ppl have been buying 1500 square foot homes for 400k
Posted on 5/9/24 at 9:58 am to Tomatocantender
Makes sense bc Nola is below sea level and the pumps are old
Posted on 5/9/24 at 9:58 am to Tomatocantender
Maybe they mean like literally ‘under the water’, below sea level ….. 
Dammit got beat to it by a few seconds…
.
.
Dammit got beat to it by a few seconds…
.
.
This post was edited on 5/9/24 at 9:59 am
Posted on 5/9/24 at 10:09 am to Tomatocantender
Literally and figuratively as well
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News