According to ATTOM's 2023 U.S. Home Equity & Underwater Report, the share of mortgaged homes that were equity-rich in Q2 2023 increased from 47% in Q1, reaching the highest point in four years.
Read More »Economy Sees Significant Drop in Underwater Properties
According to the latest CoreLogic report, the highest share of seriously underwater homes was found in Nevada, Illinois, Ohio, Missouri, and Louisiana.
Read More »Owned Today, Rented Tomorrow
Homes are more likely to become rental properties as they age, according to a report. How does the switch from owner to renter impact home value?
Read More »More Homes are Returning to Positive Equity
Fewer and fewer residential mortgage borrowers are in negative equity these days.
Read More »Negative Equity Still Plagues Lower-Priced Homes
While negative equity rates have improved overall nationally, the recovery has been imbalanced when it comes to house prices and geography.
Read More »Report Indicates Percentage of Underwater Homes in Decline, as Equity Positions Continue to Rise
Approximately 254,000 properties regained equity in the first quarter of 2015, bringing the total of residential mortgaged properties with equity nationwide up to 44.9 million – approximately 90 percent of all mortgages, according to data released by CoreLogic on Tuesday.
Read More »Negative Equity Rises in 21 Housing Markets
Florida and the Midwest have some markets with more than a quarter of mortgaged homes underwater. Home values rose 5.9 percent nationally last year, making low-end homes far more likely to be worth less than the balance of their mortgage. While the percentage of mortgages that are in negative equity nationally is at 16.9 percent as of the fourth quarter of 2014, the negative equity rate among low end homes is much higher at 27.3 percent. The national negative equity rate is expected to fall to 15.4 percent by the end of 2015.
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