Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Source: Inman News
Posts published in “equity-rich homes”
Equity-rich properties made up about 28.3 percent of mortgaged homes in the U.S. during the third quarter, up from 26.7 percent the previous year. Source:…
Attom’s fourth quarter U.S. Home Equity & Underwater Report released Thursday also showed that only 1 in 16 mortgaged homes were seriously considered underwater. Source:…