【World Property Journal】Equity-rich Properties Comprise 27 Percent of All Mortgaged Homes in U.S.
According to ATTOM Data Solutions' fourth-quarter 2019 U.S. Home Equity & Underwater Report, 14.5 million residential properties in the United States were considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value.
The count of equity-rich properties in the fourth quarter of 2019 represented 26.7 percent, or about one in four, of the 54.5 million mortgaged homes in the U.S. That percentage was unchanged from the third quarter of 2019.