ATTOM: Share of Properties That Are ‘Equity Rich’ Decreased in Q1
Appraisal Buzz
MAY 10, 2024
By “equity-rich” ATTOM means that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. But amid the recent trends, this year’s spring buying season will be of heightened importance in telling us if there is a new long-term market pattern developing.”
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