Tag Archives: Underwater Mortgages

A new report explores the drastic increase of consumers in search of delinquent mortgage counseling, which skyrocketed in 2023 compared to the previous year. Click though to read how once-manageable levels of unsecured debt have abruptly become unmanageable for many homeowners.

While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.

Five Texas metros topped the top 10 list of best places to purchase a home, according to a new study from WalletHub, which examined the strongest local real-estate markets throughout the U.S.

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%.

First quarter home equity decreased by 0.7% year-over-year, the first such decline since early 2012. Click through for more.

A new study examines the nation’s regions that were most vulnerable to market declines in the third quarter of 2022, based on home affordability and foreclosures.

Releasing its new Special Housing Risk Report, ATTOM Data spotlights county-level data revealing that areas in California, Illinois, and New Jersey have the highest concentrations of counties that are in danger of economic declines in the near future.  Basing their ...

The biggest improvements in the equity-rich share of such properties were in the West and South, while the ratio of equity-rich to seriously underwater properties is now 14 to 1.

Chicago and New York City remain the most exposed to the potential impact of the pandemic, with housing markets in central and western regions less at-risk.

During the height of the housing crisis, approximately 30 percent of homeowners were in negative equity, owing more than what their homes were worth. A decade later, how have those numbers changed? Click through to read a recent report providing new insights into underwater mortgages.