America's equity-rich properties increase to record high
February 07, 2019 / Alcynna Lloyd
In the fourth quarter of 2018, more than 14.5 million American properties were rich with equity, according to ATTOM Data Solutions’ Home Equity & Underwater Report. ATTOM defines equity-rich properties as those with secured loans that are 50% or less of the property's estimated market value. According to ATTOM’s analysis, Q4’s total has risen by more than 834,000 year over year, marking the highest level since ATTOM began tracking data in Q4 of 2013.