Increasing Home Values Lift 1 Million Homes from 'Underwater' Status
Pro Builder
AUGUST 6, 2021
On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 They now account for 34.4% The major metro areas with the highest share of underwater mortgages include Baton Rouge (which topped the list at 12.7%) and New Orleans in Louisiana, and Toledo and Youngstown in Ohio.
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