WSJ Story on Borrowers Underwater: Oregon Ranks 38th. out of 44 States.

WSJ has interesting story and graphic HERE with state percentages of homeowners who are underwater--owing more than the value of the home.

While national percentage is given as 18% in the story, Oregon's percentage is 58% below the national average at 7.5%.

My calculation is that Oregon ranks 38th best, among 44 states with data. That rank is the best in the Northwest, one place better than Washington state.

By clicking on column headings in table in WSJ story, you can see ranks. PDF table with ranks I constructed using WSJ data is HERE.