Top 10 states with the fewest underwater loans
When reading money dot-coms recent article about how many mortgages are underwater in United States, I find that Connecticut has fared quite well. While there are 7.5 million homeowners underwater with their mortgages in the United States, Connecticut is lucky to find in itself in the top 10 states with the fewest underwater loans list. It turns out that there are 45 other states that have a much worse problem than we have here.
I'm finding an increase in buying activity in spite of all the negative news recently. This is no doubt because of the lower prices of homes today combined with the fabulous mortgage rates that are also available. In fact, I don't think you'll find home prices to be any lower in your lifetime relative to income.
If you have good credit, a steady job, and the money to put down, you'll not find a better time to buy a home.
