“Underwater” home mortgages were a major problem in South Florida during the recession. The region still has a high rate of homeowners in negative equity.
“Underwater” home mortgages were a major problem in South Florida during the recession. The region still has a high rate of homeowners in negative equity. DS011 Getty Images/iStockphoto
“Underwater” home mortgages were a major problem in South Florida during the recession. The region still has a high rate of homeowners in negative equity. DS011 Getty Images/iStockphoto

Report: Nearly 1 in 4 Miami-Dade homes still underwater on mortgages

September 15, 2015 05:17 PM

UPDATED September 15, 2015 05:26 PM

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