About 1/4 of American homeowners are underwater. In Nevada 65 percent of mortgages are underwater.
Richard Green, director of USC Lusk Center for Real Estate, says people are stuck when they want to move to find jobs, Ben Tracy reporting.
(Editor's note: The preceding video is provided courtesy of a third party source. The USC Lusk Center does not endorse any advertising that may appear in the video. The following link to the source video may only be available for a few days following the publication of this article, or it may only be available for a fee. Please contact the source publication for more information about retrieving the full text of this article.)