Skip to content
LPBN-Icon-v1 (1)
The Right Coast
A Member of the Law Professor Blogs Network

A Third Of All US Homeowners Own Property Worth Double The Underlying Mortgage – Truly Times – Conservative News

By Thomas A. Smith

ATTOM showed at least 30% of U.S. homeowners were equity rich, which means their property was worth twice as much as their mortgage. Last quarter s equity-rich properties were about 30.2%, or about one in three, of the 59 million mortgaged U.S. homes. The figure was up from 28.3% in the third quarter, 27.5% in the second quarter, and 26.7% in the fourth quarter of 2019.

via trulytimes.com