By Dennis Norman, on February 7th, 2023 According to data released by ATTOM Data Research, during the fourth quarter of 2022, 42.37% of the homeowners with a mortgage within the 63376 zip code, were “equity-rich” meaning their mortgage balance was just 50% or less of the current value of their home. The table below shows the 10 St Louis zip codes with the highest percentage of equity-rich mortgages. Half of zip codes on the list are located within the St Charles County, four in St Louis County and one in Jefferson County
Also shown on the table is the percentage of homeowners with a seriously-underwater mortgage, meaning Continue Reading →
By Dennis Norman, on August 7th, 2020 During the second quarter of 2020, 32.3% of the homeowners with a mortgage within the 63110 zip-code, were equity-rich on their mortgage, meaning their mortgage balances were less than 50% of the value of their homes, according to data just released by ATTOM Data Research. As the table below shows, the zip codes of 63112 and 63143 were not far behind 63110, with equity-rich percentages of 31.6% and 30.0% respectively.
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St Louis Equity-Rich Homeowners
(Click on table for the complete list)
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By Dennis Norman, on November 8th, 2019 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.
Search St Louis Homes For Sale Search St Louis Upcoming OPEN HOUSES Equity-Rich St Louis Homeowners – 3rd Quarter 2019
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By Dennis Norman, on May 9th, 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.
Search St Louis Homes For Sale Search St Louis Upcoming OPEN HOUSES Equity-Rich St Louis Homeowners – 1st Quarter 2019
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By Dennis Norman, on November 12th, 2018 According to a report just released by ATTOM Data Solutions, 16.9% of the homeowners in St Louis with a mortgage are “equity-rich”, meaning their loan balance is 50% or less of their home’s estimated value. As the table below illustrates, this is an increase from 15.8% during the 2nd quarter as well as the 1st quarter of this year.
St Louis increase in equity surpassed the U.S. average but fell behind Kansas City and Chicago…
As the table below shows, during the past 2 years, the percentage of equity-rich homeowners in St Louis increased from 16.0% to 16.9%, an increase Continue Reading →
By Dennis Norman, on October 17th, 2018 Homeowner’s equity (the difference between current home value and the total amount of debt against the home) has risen to a record level in the U.S. at $15.189 Trillion as of the 2nd quarter of this year, according to reports from the St Louis Fed Reserve. As the chart below illustrates, this level is even higher than the previous peak in 2006 at the tail-end of the housing bubble when equity was at $13.417 Trillion.
Homeowner’s Equity In Real Estate
(Click on chart for live, interactive chart with current data)
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By Dennis Norman, on February 9th, 2018 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 Continue Reading →
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