Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

ATTOM: Nearly Half of Mortgaged Residential Assets Deemed Equity-Rich in Q3 2022

ATTOM’s Q3 2022 U.S. Home Equity & Underwater Report shows that 48.5% of mortgaged residential properties in the United States were considered equity-rich in the third quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than 50% of their estimated market values.

The portion of mortgaged homes that were equity-rich in the third quarter of 2022 increased from 48.1% in the second quarter of 2022 and