Home Equity

Pace slows, but homeowner equity still climbing in state

by Paul Gatling (pgatling@nwabj.com)

Arkansas homeowners continue to see their equity climb.

Nearly 38% of all homeowners in the state are equity-rich, according to real estate data provider Attom Data Solutions’ fourth-quarter 2022 U.S. Home Equity & Underwater Report. That’s up slightly from 36.6% in the third quarter of 2022 and up from 28.9% a year ago.

The report also shows that just 5.2% of mortgaged homes in Arkansas, or one in 19, were considered seriously underwater in the fourth quarter of 2022. That’s down from 5.9% a year ago.

https://talkbusiness.net/2023/02/pace-slows-but-homeowner-equity-still-climbing-in-state/