This can be a glass half-full or half-empty story, but it depends how you look at it. The Boston Business Journal has an item on a study by Core Logic that reports that 16 percent of Boston homeowners have mortgage values that exceed their house value — another 3.5% or so are close to even.

That may sound like bad news, but it is better than the national average of negative or near-negative values for a whopping 27.9  percent of homeowners.

File under: Glass half-full, hold the ice.