Share this article
Share this article
IRVINE, Calif., May 13, 2021 /PRNewswire/ ATTOM Data Solutions, curator of the nation s premier property database, today released its first-quarter 2021 U.S. 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.
The count of equity-rich properties in the first quarter of 2021 represented 31.9 percent, or about one in three, of the 55.8 million mortgaged homes in the United States. That was up from 30.2 percent in the fourth quarter of 2020, 28.3 percent in the third quarter and 26.5 percent in the first quarter of 2020 – one of many measures showing how the U.S. housing market continues fending off economic damage caused by the worldwide Coronavirus pandemic.
32 Percent of U.S. Homes Considered Equity Rich in Q1
Email Sign Up For Our Free Weekly Newsletter
According to ATTOM Data Solutions first-quarter
2021 U.S. Home Equity & Underwater Report, 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.
The count of equity-rich properties in the first quarter of 2021 represented 31.9 percent, or about one in three, of the 55.8 million mortgaged homes in the United States. That was up from 30.2 percent in the fourth quarter of 2020, 28.3 percent in the third quarter and 26.5 percent in the first quarter of 2020 - one of many measures showing how the U.S. housing market continues fending off economic damage caused by the worldwide Coronavirus pandemic.
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.
ATTOM Data Solutions recently released its first-quarter 2021 U.S. 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% or less of their estimated market value. The count of equity-rich properties in […]