Miami rate of negative equity 15 percent

According to Zillow, the U.S. rate of negative equity in the third quarter of 2015 dropped a full percentage from 14.4 percent to 13.4 percent. More than 6.5 million Americans, or more than 30 percent, are underwater on their mortgages.

Negative equity is down from 16.9 percent last year. Areas with high percentages of negative equity affects the entire community. In Miami-Fort Lauderdale, the rate of negative equity is 15 percent. Homes are on the market for an average 62 days. See how the rest of the nation looks like.