Equity-rich properties rise as fewer go underwater

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Louisiana’s coast to rise, and in Louisiana, rising sea levels mean less land for people and humans. Loss of land means loss of the habitat, ecosystem, and the economy that are all sustained by Louisiana wetlands. Shrinking land space coupled with global over population mean less resources to go around. Human Disturbance

‘Seriously Underwater’ U.S. Properties On the Rise. ATTOM Data Solutions, property database curator, released its Q1 2019 U.S. Home Equity & Underwater Report, which shows that at the end of the first quarter of 2019, more than 5.2 million U.S. properties were "seriously underwater," an increase of 17,000 properties from a year ago.

13.6 million property owners nationwide are considered equity rich, thanks to rising home prices. ATTOM Data Solutions’ latest U.S. Home Equity and Underwater Report shows that nearly a quarter of all mortgaged homes in the U.S are equity rich, meaning the combined loan amount secured by the property is 50 or less than the estimated market value.

Report methodology. The ATTOM Data Solutions U.S. Home Equity & Underwater report provides counts of residential properties based on several categories of equity – or loan to value (LTV) – at the state, metro, county and zip code level, along with the percentage of total residential properties with a mortgage that each equity category represents.

Share of Equity Rich Properties Decrease from a Year Ago; Share of. for sellers, with fewer needing to get out from under financial distress.".

The number of underwater properties in the U.S. dropped to its lowest level in two years in the first quarter of 2014, according to housing data source RealtyTrac. negative equity numbers fell to 17% of all properties with a mortgage, or 9.1 million residential properties, says the most recent U.S. Home Equity & Underwater Report.

HELOCS Can Make You Rich! (Why I Love Home Equity Lines of Credit) [Podcast & Article] Cities with Most Underwater Mortgages. – Podcast Episode #211 Real estate investing news cities with Most Underwater Mortgages Still Offer Best Bargains. Listen to the full episode OR Scroll to read the related article.

ATTOM defines equity-rich properties as those with secured loans that are 50% or less of the property's estimated market value.. These underwater properties represent 8.8% of all American properties with a mortgage,

Even as the robust housing market begins to cool, a new analysis shows that the number of equity rich properties — those worth at least 50 percent more than the mortgaged amount — hit a five.

New-home sales decline in January to three-month low New-home sales decline in January to three-month low. – New-home sales decline in January to three-month low 2 months ago admin Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.SPS grew its servicing rights 14% by targeting nonagency market