Stay Dry in a
The nation is still hurting from the real estate bust. In the first quarter of 2011, more than a fifth of all U.S. homeowners were “under water,” according to the financial and consumer information firm CoreLogic, meaning that they owed more on their mortgages than their homes are worth.
Texas homeowners have fared considerably better, however. Texas’ share of mortgages “under water” was third-lowest among the 10 largest states and less than half of the national average.