Policy Analysis | September 2010

Recent Statistics on Negative/Near Negative Equity of Homeowners and Unemployment Rates

Percent of Negative Equity Mortgages, 2nd Quarter, 2010

Negative Equity by SLC States, 2nd Quarter, 2010

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)

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