Wednesday, November 29, 2023 | The Latest Buzz for the Appraisal Industry

ATTOM: Nearly 45 Percent of Mortgaged Properties Were Equity-Rich in Q1 2022

The Q1 2022 U.S. Home Equity & Underwater Report from ATTOM shows that 44.9% of mortgaged residential properties in the United States were considered equity-rich in the first quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than 50% of their homes estimated market values.

The portion of mortgaged homes that were equity-rich in the first quarter of 2022 inched close to half, up from 41.9%

This post was originally published on this site

Mark Buhler

The Surfing Appraiser

Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of

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Timothy Andersen, MAI, MSc., CDEI, MNAA

“Naked, Unarmed, and Alone?”

Question: “My state board recently charged me with authoring a misleading report. I got the client to write a letter to the state indicating my

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