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Fewer Central Ohio Mortgages "Under Water"

The mortgage listing service RealtyTrac says 21 percent of central Ohio homeowners owe at least 25 percent more on their mortgages than the value of the homes. RealtyTrac says the second-quarter numbers are down by 2 percent from the first-quarter. The firm says 26 percent of Ohio mortgaged homes are "under water", which is nine percent above the national average.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
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