The number of mortgaged residential properties in the U.S. that are considered “equity-rich” continued to drop in the third quarter, according to data released by California-based real estate analytics firm ATTOM. The company’s third quarter 2024 U.S. Home Equity & Underwater Report found that 48.3 percent of mortgaged homes had loan balances that were no more than half of their estimated market values — thus qualifying them as equity-rich.
That level was down from a recent peak of Please log in to see the rest of this story.
