Nearly Half of All U.S. Homes Were Equity-Rich in the First Quarter of 2022
Pro Builder
MAY 20, 2022
Homes Were Equity-Rich in the First Quarter of 2022. Equity-rich homeowners are cashing out and leaving pricey markets to buy new homes in low-cost states. were considered “equity-rich,” meaning that the loan balances secured by those properties were no more than 50% of their estimated market values. . New-Home Sales.
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