Moreauville
REAL ESTATE
theadvocate.com
Louisiana's rate of seriously underwater homes five times the national rate, data shows
Louisiana continues to have the highest share of properties listed as seriously underwater and lowest listed as equity-rich, data shows. The 10.5% of mortgaged residential properties in the state considered seriously underwater, meaning a homeowner owes 25% or more of the home’s estimated market value, is the worst rate in the country, according to data released Thursday by ATTOM Data Solutions, a national land and property data organization.
New Orleans, LA1 day ago