According to an article at SeattleTimes.com by Eric Pryne says that Zillow.com is estimate that “At the end of 2010, 34.3 percent of all single-family homeowners in King, Snohomish and Pierce counties were “underwater” on their homes, Seattle-based Zillow said. That was higher than the national figure, 27 percent.”
That is indeed a huge number and may actually continue to increase for some time.
If you think your home is worth less than you owe and would like to find out about potential options for your situation, please give me a call and we can discuss. There absolutely no obligation to hire me to provide service, but I will help outline your options and be happy to help you with those if you choose to proceed.