Previously, InvestorPlace compiled a list of the five worst states for U.S. homeowners based on the number of mortgages underwater. However, not all figures are so bleak — certain states actually are maintaining healthy housing markets.
These states have fared well through the recession, and their housing markets have remained strong as a result. According to CoreLogic’s 2011 Q4 home equity report, once you discount the five states with greatest negative equity, the average rate of underwater mortgages in the U.S. is only 15.3%.
For a quick view at America’s most optimistic housing markets, let’s look at the five best states for U.S. homeowners based on the percent of mortgages currently underwater.