Home Equity Up; Negative Equity Down

Two recent reports show equity-rich properties have increased strongly this year, while the number of properties with negative equity continue to fall.

‘Zombie’ Properties Fall Below 3%

ATTOM Data Solutions, Irvine, Calif., said 1.527 million U.S. single-family homes and condos were vacant in the fourth quarter, representing 1.5 percent of all U.S. homes.

ATTOM: 3Q U.S. Median Home Prices Up 8%

ATTOM Data Solutions, Irvine, Calif., released its Q3 2019 U.S. Home Sales Report, showing single-family homes and condos sold for a record median price of $270,000 in the third quarter, up 2.9 percent from the previous quarter and up 8.3 percent from a year ago.

3rd Quarter Foreclosure Activity at Lowest Level Since 2005

ATTOM Data Solutions, Irvine, Calif., reported 143,105 U.S. properties with foreclosure filings in the third quarter, down 6 percent from the previous quarter and down 19 percent from a year ago to the lowest level since Q2 2005.