A Booming Housing Market Leads to Increase in Homeowner Equity

Earlier this year, ATTOM released its fourth-quarter 2021 U.S. Home Equity & Underwater Report. The release revealed that 41.9 percent of mortgaged residential properties were considered equity-rich in the fourth quarter. The combined estimated amount of loan balances secured by the surveyed properties was no more than 50 percent of their estimated market values. Out of the homes surveyed in the fourth quarter[...]