Maricopa County Seriously underwater 10.5%
REALTORMag
The equity picture is looking brighter for homeowners. At the end of 2016, there were 13.9 million U.S. properties – or nearly 25 percent of the housing stock with a mortgage — that were considered equity-rich, according to ATTOM Data Solutions.
Equity rich is when the loan on the property is 50 percent or less of the property’s estimated market value. The number of equity-rich properties has grown by 1.3 million homes compared to a year ago.
