ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Equity & Underwater Report, revealing that 49.2% of mortgaged residential properties in the U.S. were considered equity-rich.
Tag: Underwater
CoreLogic: 4Q Home Equity Gains Slow Further
CoreLogic, Irvine, Calif., said homeowners with mortgages (which account for roughly 63% of all properties) saw equity slow to a 7.3% increase year over year, representing a collective gain of $1 trillion, for an average of $14,300 per borrower, from one year ago.
Nearly 100,000 Homeowners Regained Positive Equity in Fourth Quarter
CoreLogic, Irvine, Calif., said the number of Americans with negative equity in their homes fell to the lowest level since before the Great Recession, with 96,000 homeowners regaining equity in the fourth quarter.
The Pendulum Swings Back: Homeowners 4X Likely to be Equity-Rich than Seriously Underwater
In another sign of the times that the housing market—and homeowners—have largely recovered, ATTOM Data Solutions, Irvine, Calif., said equity-rich properties now outnumber seriously underwater properties by a four-to-one margin.