ATTOM, a company specializing in land, property data and real estate analytics, recently released its Q3 2024 U.S. Home Equity & Underwater Report. According to the company’s reporting, its report reveals that 48.3% of mortgaged homes are equity-rich, where loan balances are no more than half the property’s value. While slightly down from Q2’s 49.2%, this figure remains historically high, indicating a persistent benefit from the long-term housing boom.
