Almost half of US mortgaged homes were considered “equity rich” in the fourth quarter, nearly double the pre-pandemic share, ...
The world’s high-end housing market is poised to settle into a comfortable rhythm, according to Sotheby’s International Realty’s 2025 Luxury Outlook report. “I don’t think we’re predicting real estate ...
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Nearly Half Of American Homeowners Were 'Equity Rich' in Q4 As Home Prices SoaredMore than 47% of homeowners in 2024 were “equity rich,” meaning borrowers owed less than half of the home's value in the fourth quarter of last year.
According to Attom, more than 60% of South Florida's homes have more value than what is owed on mortgages. STORY HIGHLIGHTS South Florida ranks seventh in equity-rich mortgaged homes nationwide.
Leading the way is the 20015 zip code (Barnaby Woods, Chevy Chase DC and Friendship Heights) where 55% of homeowners are considered equity-rich. The median home price is up approximately 20% in this ...
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