August 24th, 2012 3:55 PM by Sherry Lee
The actual data: 30.9 percent of U.S. homeowners with a mortgage were underwater, down from 31.4 percent last quarter.
The main conclusion: the Sun Belt — California, Nevada, Arizona and Florida — are, four years later, still digging out from under the crisis. Same for much of Michigan.
They also have a breakdown of cities, which basically tells the same story. The red shows the percent of underwater homeowners who have missed payments.