Tag Archives: Underwater Homes

Half of all homeowners paying mortgages are equity-rich, according to ATTOM's 2023 U.S. Home Equity & Underwater Report, while the share of seriously underwater mortgages also improved, resting at 2.8%.

A new study reveals the counties that are at most risk for foreclosure due to the impact of COVID-19.

According to a new report, counties in these states are most vulnerable to the economic impact of the coronavirus, with a high volume of underwater homes and high wages required to pay for major homeownership expenses.

A new report will give insights on underwater properties and the latest trends in home equity. Here’s what else is happening in The Week Ahead.

Seriously underwater homes in the U.S. dropped significantly in the last two years, what has caused this decrease?

The number of underwater homes decreases in 2016, and Fannie Mae lists the regions that have seen the biggest underwater home reduction.

The bad news is that 67 million homes in the United States are seriously underwater. The good news is that that number hasn’t gotten worse.

"Negative equity has become almost an afterthought in a handful of the nation's hottest markets, but is holding back the recovery in dozens of large markets nationwide," said Dr. Svenja Gudell, Zillow's Chief Economist.

In a positive sign for the housing market, RealtyTrac reported Thursday a decrease nationwide in homes that were classified as “seriously underwater”, down to 9.1 million homes in the second quarter of 2014, representing 17.2 percent of all homes nationwide. The number is a decrease from the 17.4 percent of underwater homes recorded in the first quarter

CoreLogic released an analysis of residential properties in the first quarter of 2014, focusing specifically on homes with negative equity. The company found that more than 300,000 homes returned to positive equity in the quarter, bringing the total number of mortgaged residential properties with equity to more than 43 million.