ATTOM, a land, property and real estate data company based in Irvine, California, has released its third-quarter 2023 U.S. Home Equity & Underwater Report, which shows that 47.4 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter. Equity-rich means that mortgage loan balances secured by those properties is no more than half of their estimated market values.
The portion of Utah residential mortgages considered equity-rich stands at 57.8 percent, according to the report.
The portion of U.S. mortgaged homes that was equity-rich in the Please log in to see the rest of this story.
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