ATTOM, Irvine, Calif., released its Q4 2024 U.S. Home Equity and Underwater Report, showing that 47.7% of mortgaged residential properties could be deemed equity-rich in the quarter.
Tag: Equity

Freddie Mac Finds Boomers Hold $17 Trillion of Country’s Total Home Equity
Three-quarters of homeowners born before 1964 are likely to leave much of their $17 trillion in home equity to their children, according to Freddie Mac’s latest analysis of Baby Boomers’ housing perceptions, preferences and plans.

CoreLogic: National Homeowner Equity Up 2.5% in Q3
CoreLogic, Irvine, Calif., found that U.S. homeowners with mortgages saw equity increase by $425 billion since Q3 2023—a gain of 2.5% year-over-year.

ICE: Record Levels of Tappable Equity in Q3
Intercontinental Exchange Inc., Atlanta, reported that mortgage holders at the end of the third quarter held $17.2 trillion in equity. Of that, $11.2 trillion was deemed tappable–meaning it can be borrowed against with the homeowner still maintaining a 20% equity stake.

Redfin: Investor Home Purchases Post Biggest Increase Since Q2 2022
Investor purchases of homes were up 3.4% year-over-year in Q2, per Redfin, Seattle.

Dovenmuehle’s Anna Krogh: When Unlocking the Potential of Home Equity, Understanding the Servicing Nuances is Key
Home Equity Lines of Credit (HELOCs) provide a flexible borrowing option for homeowners looking to access their home equity, offering an alternative to traditional cash-out refinances, which homeowners may be reluctant to consider if they’re currently holding a below-market interest rate on their primary mortgage.

ICE Mortgage Monitor: Q1 Sees Record Levels of Tappable Equity
Intercontinental Exchange Inc., Atlanta, released its ICE Mortgage Monitor report for May, finding that homeowners with mortgages closed out the first quarter with a record $16.9 trillion in equity–$11 trillion of which was tappable.

FirstClose Survey: Many Consumers Don’t Understand Advantages of Home Equity
FirstClose, Austin, Texas, released a recent survey of homeowners, finding many lack awareness of the advantages of leveraging home equity and other related topics.

Tavant’s Hassan Rashid on Unlocking Home Equity: A Strategic Move for 2024
As we make strides into 2024, American homeowners find themselves amidst an intriguing landscape of financial opportunities, particularly concerning the utilization of home equity.

CoreLogic: Homeowner Equity Up 8.6% in Q4 2023
CoreLogic, Irvine, Calif., released its Homeowner Equity Insights report for the fourth quarter of 2023, finding homeowners with mortgages have seen their equity increase by a total of $1.3 trillion since Q4 2022. That’s a gain of 8.6% year-over-year.