The most recent edition ATTOM’s U.S. Home Equity & Underwater Report for the third quarter shows that 39.5% of mortgaged residential properties were considered “equity-rich” meaning that the remaining balance of a mortgage was no more than 50% of their estimated market value. In the third quarter, the portion of mortgaged homes that were equity-rich rose to 39.5%, up from 34.4% in the second quarter …
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Source: DS News