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Detroit Mortgages Gone Swimming

Zillow's second-quarter data on negative equity is out, revealing that over 48% of Metro Detroit homes are underwater, owing more on their mortgages than the home is worth. The Atlantic Cities informs us that this makes us number 8 nationwide. (Take that, Tampa.) Check out Zillow's interactive map to see just how wet your zip code has gotten. [Zillow, The Atlantic Cities]