Equity-rich properties rise as fewer go underwater

 · Miami’s fight against rising seas.. Purple means an area is likely to be underwater at 2ft (61cm) of sea level rise; orange means it’s possible.. Water can go into the properties.

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Equity-rich properties rise as fewer go underwater Trumpcare Feb 7, 2019 0. As more homeowners decide to age in place, the amount of equity-rich properties continues to rise, Real Estate. Ikea furniture rentals: What that might look like

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The 14.5 million equity rich properties in Q4 2018 represented 25.6% of all properties with a mortgage, down slightly from 25.7% in the previous quarter but up from 25.4% in Q4 2017. Seriously Underwater Properties Rise to 9.1% in Q1. with fewer needing to get out from under financial distress.".

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That’s mainly because as home values rise. is that fewer people are refinancing," said Jed Kolko, chief economist at the real estate website Trulia (TRLA). "It’s a purely financial decision that.

Pending home sales fell by more than expected in February “Although payroll employment rose by solid 196,000 in March, following a probably weather-related 33,000 increase in February, the trend growth rate appears to be slowing. The three-month average gain.New-home sales decline in January to three-month low After two months of declines, US existing-home sales increase in February. by claire brennan march 22, 2018. After two consecutive months of decline, existing-home sales around the country rebounded by 3 percent from January, according to the National Association of Realtors. Existing-home sales grew from 5.38 million in January to 5.54 million in February and are currently up 1.1 percent from.

‘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.

Seriously underwater: Loan to value ratio of 125 percent or above, meaning the property owner owed at least 25 percent more than the estimated market value of the property. Equity rich: Loan to value ratio of 50 percent or lower, meaning the property owner had at least 50 percent equity. About ATTOM Data Solutions