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Home Equity Continues Growing In US During First Quarter Of 2021 As Market Remains Resistant To Pandemic
Equity-Rich Properties Outnumber Seriously Underwater Homes by Seven-to-One Ratio; Portion of US Homes Considered Equity-Rich Up To 32 Percent; Seriously Underwater Properties Below 5 Percent
Vermont Business Magazine Vermont boasts the highest percentage of equity-rich properties (51.5 percent) in the United States and is also among the states that gained the most over the last quarter. ATTOM Data Solutions, curator of the nation s premier property database, today released its first-quarter 2021 US Home Equity & Underwater Report, which shows that 17.8 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.