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MIAMI (CBSMiami/AP) — If you live in Miami and owe more on your home than it’s worth, you’re helping put South Florida on the map for metro areas with more than a fair share of “underwater” homes in their communities.

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A list compiled by the research firm RealtyTrac puts four Florida cities among the top housing markets with seriously “underwater” homes at the end of last year.

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At the top of the list is Las Vegas but the Nevada gambling mecca is followed by Orlando, Tampa, Jacksonville, Cleveland, Miami, Detroit and Chicago.

Roughly a quarter of the homes in the Florida cities are underwater, a situation in which the loan on a home is greater than the worth of the property.

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