Statistics from Core Logic's First Quarter Equity Report

In California there are 6.7 million mortgaged properties. The Average LTV is 47.4%.

6,418,000 California homes currently have Equity (95.8%). 281,000 California homes have negative equity (4.2%).

85.6% of homes with equity have LTVs from 0 to 80%. 10.2% of homes with equity have LTVs between 80% to 100%.

Of the 281,000 homes with negative equity, 80,400 have LTVs from 95% to 100% and 60,300 homes have LTVs between 100% to 105%. The remaining 140,700 homes have LTVs of 106% or greater.