As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
The number of equity-rich homes in the U.S. made solid gains at the end of last year, and now account for more than 30% of mortgaged properties
Equity-rich properties made up about 28.3% of mortgaged homes in the US during the third quarter, up from 26.7% the previous year, according to a new report by Attom Data Solutions
Attom reports on US home equity in second quarter