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Factoid - Tuesday, June 17, 2025
Citing its Homeowner Equity Report, Cotality revealed that U.S. homeowners with mortgages - which account for nearly 62% of all U.S. properties - saw equity increase by 0.7% year-over-year to $17.3 trillion in Q1 '25. Just 2.1% of mortgaged homes were underwater in Q1 '25, below the pre-pandemic average of 3.6%. The states with the largest average equity gains and their totals were: Rhode Island ($36,500) and New Jersey ($35,700).
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Tuesday, June 17, 2025 @ 10:13 AM
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