Tag Archive: underwater mortgage

underwater mortgage

Why real estate investors want underwater properties

At first “underwater” properties may not sound especially attractive but a home that’s submerged today can be instantly attractive with new ownership. “Underwater properties are sometimes hidden gems, homes and land with lots of potential for savvy investors,” explained Rick… Read More »

Number of Equity Rich U.S. Properties Increases to 14 Million in Q2 2017 — One in Four U.S. Properties With a Mortgage

Highest Share of Equity Rich in San Jose, San Francisco, Los Angeles, Honolulu, Portland; 5.4 Million Seriously Underwater Properties in Q2 2017, Down 1.2 Million From a Year Ago; IRVINE, Calif. — Aug. 17, 2017 — ATTOM Data Solutions, curator… Read More »

underwater mortgage

Seriously Underwater Properties Down 1.2 Million From a Year Ago in Q1 2017, Equity Rich Properties Increase 1.4 Million

Cleveland, Las Vegas, Akron Post Highest Share of Seriously Underwater Properties; San Jose, San Francisco, Honolulu Post Highest Share of Equity Rich Properties IRVINE, Calif. — May 4, 2017 — ATTOM Data Solutions, curator of the nation’s largest multi-sourced property… Read More »

Number of Seriously Underwater Properties Down 1 Million From Year Ago, Down 7.1 Million From Market Bottom in Q1 2012

Number of Equity Rich U.S. Properties Increases by 1.3 Million Compared to a Year Ago; But Equity Lost During Downturn Helping to Keep Average Homeownership Tenure Elevated at Nearly Twice Pre-Recession Levels; IRVINE, Calif. — Feb. 9, 2017 — ATTOM… Read More »

underwater mortgage

Seriously Underwater Homes Heat Map

The ATTOM Data Solutions Q3 2016 Home Equity and Underwater Report released two weeks ago¬†shows that the number of seriously underwater homeowners (those owing at least 25 percent more on outstanding mortgages than the estimated market value of the home)… Read More »

Equity Rich Homes Heat Map

The ATTOM Data Solutions Q3 2016 Home Equity and Underwater Report released yesterday shows that the number of “equity rich” homeowners (those who have at least 50 percent equity in their homes) increased by 2.6 million compared to a year… Read More »

Equity Rich U.S. Homeowners Increase by 2.6 Million in Q3 2016 as Average Homeownership Tenure Reaches New High

Home Prices Up for 18th Straight Quarter; Average Homeownership Tenure Nearly 8 Years; More Than 20 Percent of Homeowners Still Underwater in Las Vegas, Cleveland, Detroit IRVINE, Calif. — Nov. 17, 2016 — ATTOM Data Solutions, curator of the nation’s… Read More »

6.7 Million Seriously Underwater Properties in Q2 2016 Down 776,000 From a Year Ago, Down 6.1 Million From Q2 2012 Peak

Number of Equity-Rich Properties Increases 1.4 Million From Year Ago; Highest Underwater Rates in Cleveland, Las Vegas, Akron; Lowest Underwater Rates in San Jose, San Francisco, Portland IRVINE, Calif. — Aug. 11 , 2016 — ATTOM Data Solutions, the nation’s… Read More »

Less Than 1 Percent of Seriously Underwater U.S. Properties Qualify for Principal Reduction Under New FHFA Program

Number of Seriously Underwater Homeowners Drops 638,000 From a Year Ago in Q1 2016; Number of Equity Rich Homeowners Increases Nearly 1.3 Million From a Year Ago IRVINE, Calif. — May 5 , 2016 — RealtyTrac® (www.realtytrac.com), the nation’s leading… Read More »

6.4 Million U.S. Properties Seriously Underwater at End of 2015, Down 616,000 From Year Ago and Half of Peak in Q2 2012

11.5 Percent of Properties with Mortgage Are Underwater, Down From Peak of 28.6 Percent; Number of Equity Rich Properties Increases 1.3 Million in 2015 to 12.6 Million; Half of All U.S. Properties in Foreclosure Have Some Equity IRVINE, Calif. —… Read More »

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