The latest data shows a significant decrease in the share of home mortgages that were seriously underwater, dropping to just 2.4%. This positive trend indicates a healthier housing market with more homeowners experiencing equity gains.
Key points from the article:
– Share of seriously underwater home mortgages decreased to 2.4%
– Significant improvement in housing market health
– More homeowners are now equity-rich, reflecting positive equity gains
– For more details, you can read the full article titled “Half of Q2 Mortgaged Homeowners Are Equity-Rich” on the Weekly Real Estate News website.
You can read this full article at: https://wrenews.com/half-of-q2-mortgaged-homeowners-are-equity-rich/
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