Today’s real estate news from RE-Insider, the California-based real estate news service for Realtors, brokers, investment companies and first time home buyers.
Nearly Half of U.S. Mortgaged Homes Are Considered ‘Equity-Rich’ According to Report — Less Than 3% Are Underwater
In this article The U.S. has been experiencing a surge in equity-rich housing, according to the latest report by the real estate data provider ATTOM. The figures for Q2 are impressive. Currently, the number of equity-rich mortgages in the U.S. is sixteen times greater than underwater mortgages. The U.S. Home Equity & Underwater Report shows that