Tag: underwater mortgage
Home Equity Ticks Downward Again Across U.S. As Housing Market Remains Stalled
Equity Remains Historically High in First Quarter of 2023; But Equity-Rich Portion of Mortgaged Homes Dips for Second Straight Quarter as Home Prices Drop Around Most of U.S.; Seriously Underwater Level of Mortgages Virtually Unchanged IRVINE, Calif. — May 4, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released... Read More »
Top 10 U.S. Counties with Greatest Shares of Underwater Mortgages
ATTOM’s recently released Q4 2022 U.S. Home Equity and Underwater Report shows that 48 percent of mortgaged homes in the U.S. were considered equity-rich in Q4 2022. That figure was down slightly from 48.5 percent in Q3 2022, but still up from 41.9 percent in Q4 2021. According to the latest home equity and underwater analysis, while the... Read More »
Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022
Nearly Half of Mortgaged Homes Remain Equity-Rich but Portion Dips Slightly; Seriously Underwater Level of Mortgages Unchanged at Just Below 3 Percent; Sixteen Times as Many Mortgages are Equity Rich Versus Seriously Underwater IRVINE, Calif. — Feb. 2, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data,... Read More »
Homeowner Equity Keeps Growing Across U.S. In Third Quarter Despite Housing Market Slowdown
Small Equity Gain Results in Nearly Half of U.S. Mortgaged Homes Now Considered Equity-Rich; Seriously Underwater Portion of Mortgages Stays Just Below 3 Percent; Seventeen Times as Many Mortgages are Equity Rich versus Seriously Underwater IRVINE, Calif. — Nov. 3, 2022 — ATTOM, a leading curator of real estate data nationwide for land and... Read More »
Booming Housing Market Powers Further Rise In Homeowner Equity Across U.S. In Fourth Quarter
Portion of U.S. Mortgages Considered Equity-Rich Up to 42 Percent; Only 3 Percent of Loans Seriously Underwater; Equity-Rich Homes Outnumber Seriously Underwater Properties by Ratio of 13 to 1 IRVINE, Calif. — Feb. 3, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2021... Read More »
Top 10 Equity-Rich ZIPs with the Greatest Quarterly Increases
According to ATTOM’s just released Q3 2021 U.S. Home Equity and Underwater Report, 39.5 percent of mortgaged residential properties – one in three – in the U.S. were considered equity-rich in Q3 2021, up from 34.4 percent in Q2 2021 and 28.3 percent in Q3 2020. ATTOM’s latest home equity and underwater analysis also found that just 3.4 percent of... Read More »