Homes where the loan-to-value ratio is 50% or lower — equity-rich homes — are on the rise, which is good news for homeowners.
The post Nearly half of homeowners now are considered ‘equity-rich’ appeared first on Atlanta Agent Magazine.
Category: underwater
The 10 Best Real Estate Markets for First-Time Homebuyers in 2023
There are still places where home prices are reasonable and more homes are available to help first-time buyers become homeowners.
The post The 10 Best Real Estate Markets for First-Time Homebuyers in 2023 appeared first on Real Estate News & Insights | realtor.com®.
CoreLogic: Georgia homes average $24K annual equity gain
The rise in equity could help stave off foreclosures because homeowners can tap into that equity and sell their home, unlike during the 2008 financial crisis when many homeowners found themselves underwater in their mortgage, according to CoreLogic.
The post CoreLogic: Georgia homes average $24K annual equity gain appeared first on Atlanta Agent Magazine.