31 percent of Chicago-area homeowners with a mortgage owe at least 25 percent more on their home loans than the property’s value. Another 16 percent of homes had somewhere between 10 percent negative equity and 10 percent positive equity, and 12 percent of Chicago-area homes with a mortgage were “equity rich,” having at least 50 percent equity, according to RealtyTrac.

via Many Chicago-area homeowners still significantly underwater – chicagotribune.com.