DATA IN ACTION
The Most Underwater and Equity Rich U.S. Housing Markets
More than 5.2 million (5,206,446) U.S. properties were seriously underwater (where the combined balance of loans secured by the property was at least 25 percent higher than the property’s estimated market value) at the end of Q1 2018, down by more than 291,000 properties from a year ago — the smallest year-over-year drop since tracking began in Q1 2013, according to the ATTOM Data Solutions U.S. Home Equity & Underwater Report. The 5.2 million seriously underwater properties at the end of Q1 2018 represented 9.5 percent of all U.S. properties with a mortgage, up from 9.3 percent in the previous quarter but down from 9.7 percent in Q1 2017.
HOME EQUITY HEAT MAP Q1 2018 SERIOUSLY UNDERWATER
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JUNE 2018 | ATTOM DATA SOLUTIONS
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