Wednesday, February 21, 2024 | The Latest Buzz for the Appraisal Industry

Nearly Half of U.S. Mortgages Considered Equity-Rich

ATTOM released its Q1 of 2022 U.S. Home Equity & Underwater Report, showing that 44.9% of mortgaged residential properties throughout the U.S. 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 percent of their homes estimated market values. The …

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Tom Armstrong, MAI

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