Here's The One Housing Market That Actually Got Worse In May

gambling casino vegas

You guessed it: Las Vegas. Of the 20 cities measured in the latest Case-Shiller, only Las Vegas saw (yet) another sequential dip from April to May. Home values slipped another .5%.

Of course, that doesn’t mean the pain is over in the other place. With homeowners underwater, it will be a long time before the country feels any joy on the real estate front.

Idaho -- 22.7% of mortgages underwater

Source: LendingTree

Maryland -- 22.9% of mortgages underwater

Source: LendingTree

South Dakota -- 23.8% of mortgages underwater

Source: LendingTree

Mississippi -- 23.8% of mortgages underwater

Source: LendingTree

Louisiana -- 23.8% of mortgages underwater

Source: LendingTree

Maine -- 23.8% of mortgages underwater

Source: LendingTree

Wyoming -- 23.8% of mortgages underwater

Source: LendingTree

West Virginia -- 23.8% of mortgages underwater

Source: LendingTree

Virginia -- 24.3% of mortgages underwater

Source: LendingTree

Georgia -- 27.8% of mortgages underwater

Source: LendingTree

California -- 35.1% of mortgages underwater

Source: LendingTree

Michigan -- 38.5% of mortgages underwater

Source: LendingTree

Florida -- 47.8% of mortgages underwater

Source: LendingTree

Arizona -- 51.3% of mortgages underwater

Source: LendingTree

Nevada -- 69.9% of mortgages underwater

Source: LendingTree

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