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As of the end of the third quarter of this year, 18.2% of the homeowners in St Louis were “equity-rich”, meaning their mortgage total is less than 50% of their homes’ current value, according to the latest data available from ATTOM Data Research. As the table below shows, this is the highest rate of equity-rich homeowners in St Louis since ATTOM began tracking this data in 2013. Equity-Rich St Louis Homeowners – 3rd Quarter 2019
As of the end of the first quarter of this year, 16.2% of the homeowners in St Louis were “equity-rich”, meaning their mortgage total is less than 50% of their homes current value, according to the latest data available from ATTOM Data Research. Equity-Rich St Louis Homeowners – 1st Quarter 2019
The percentage of homeowners with a mortgage in the St Louis MSA that were seriously underwater in the last quarter of 2017 was 13.8%, about half the rate from 4 years earlier, according to data just released by ATTOM Data Solutions. For this report, a homeowner is considered “seriously underwater” when the total of their home mortgage(s) is equal to, or greater than, 125% of their home’s current value. Also shown on the table below is the percentage of equity-rich homewners in the St Louis MSA. An “equity-rich” homeowner is at the other end of the spectrum from an underwater homeowner with their mortgage total being 50% of less than the current value of their home. You can click the table below to go to the complete information showing the data for the 5-counties that make up the St Louis core market. St Louis MSA Underwater Homeowners & Equity-Rich Homeowners(Click on the table to be taken to the complete report by county)
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