These 13 cities have the biggest scars from the housing crash
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"Roughly half of American wealth is held in home equity," wrote Zillow Chief Economist Dr. Svenja Gudell in a press release. "Paying off the home mortgage is a key step toward retirement for most Americans, and it's clear from these results that Generation X is further from that goal than older generations because of the Great Recession.
The rankings are based on Zillow's home equity research of more than 50 million homeowners with a mortgage.
Here's the list of the cities still showing scars from the housing crash, ranked by percent of homes in negative equity:
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