Attom Data Solutions (parent to RealtyTrac) recently released their Q3 2016 U.S. Home Equity and Underwater Report, which shows that over 13 million U.S. homeowners (23.4%) were equity rich (with a loan-to-value ratio of 50% or lower). However their report also showed that over 6.1 million homeowners were seriously underwater. The following infographic from Attom shows where the Home Equity Rich are getting richer and the Home Equity Poor are getting poorer….Happy Friday!
Click here to read the full report on RealtyTrac.com.