Selected SLC Research


Policy Analysis | September 1, 2010

In the SLC states, what percentage of homeowners have Negative/Near Negative Equity and what are the latest unemployment rates in the region?

Percent of Negative Equity Mortgages, 2nd Quarter, 2010

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(Click header to sort each column)

State Percent of Mortgages with Negative Equity Percent of Mortgages near Negative Equity
Alabama 9.8 5.5
Arkansas 12.0 6.0
Florida 46.4 4.0
Georgia 28.1 7.7
Kentucky 8.5 5.2
Louisiana NA NA
Mississippi NA NA
Missouri 15.5 5.7
North Carolina 10.4 6.6
Oklahoma 5.8 3.3
South Carolina 14.3 6.1
Tennessee 13.8 7.0
Texas 11.3 6.0
Virginia 22.7 5.9
West Virginia NA NA

Source: CoreLogic, Negative Equity Report Q2 2010, August 26, 2010


Unemployment Rates by SLC State, July 2010 (Preliminary)

Unemployment Rate by SLC State, July 2010 (Preliminary)

(Click header to sort each column)

State Civilian Labor Force Number Unemployed Percentage Unemployed
Alabama 2,096.3 202.5 9.7
Arkansas 1,345.2 99.1 7.4
Florida 9,214.0 1,055.2 11.5
Georgia 4,676.6 462.4 9.9
Kentucky 2,063.8 203.3 9.9
Louisiana 2,094.8 150.5 7.2
Mississippi 1,298.8 140.1 10.8
Missouri 2,983.6 273.1 9.2
North Carolina 4,510.1 440.4 9.8
Oklahoma 1,760.8 121.3 6.9
South Carolina 2,143.4 230.8 10.8
Tennessee 3,028.8 295.5 9.8
Texas 12,133.3 999.3 8.2
Virginia 4,173.5 291.5 7.0
West Virginia 776.2 66.7 8.6
SLC 54,299.2 5,031.7 9.3

Source: Bureau of Labor Statistics, U.S. Department of Labor