10 min listen
1439 - Half of America’s Homes Are Equity-Rich—And These States Have the Most by Jeff Vasishta
1439 - Half of America’s Homes Are Equity-Rich—And These States Have the Most by Jeff Vasishta
ratings:
Length:
15 minutes
Released:
Sep 22, 2024
Format:
Podcast episode
Description
According to real estate data company ATTOM‘s second-quarter 2024 U.S. Home Equity & Underwater Report, American homeowners are sitting on a pile of home equity. 49.2% of mortgaged residential properties in the U.S. were considered equity-rich in the second quarter of 2024 after years of sitting on the refinancing sidelines amid high interest rates. ATTOM’s definition of equity-rich means the combined estimated amount of loan balances secured by the property was no more than half of their estimated market values.
Keep reading the article here: https://www.biggerpockets.com/blog/half-of-american-homes-are-considered-equity-rich-q2-2024
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Keep reading the article here: https://www.biggerpockets.com/blog/half-of-american-homes-are-considered-equity-rich-q2-2024
Subscribe to the BiggerPockets Channel for the best real estate investing education online!
Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Sep 22, 2024
Format:
Podcast episode
Titles in the series (100)
736 - Here’s Zillow’s Home Price Forecast for the 100 Largest U.S. Markets. Hint: California is Struggling by Matt Myre by BiggerPockets Daily