New England boasts highest proportion of equity-rich homes
The states with the highest proportions of equity-rich homes in the second quarter of 2025 were Vermont (84.9 percent), New Hampshire (60.3 percent), Rhode Island (60.3 percent), Montana (59.2 percent), and Hawaii (59.2 percent).
The markets with the lowest proportion of equity rich homes were Louisiana (18 percent), North Dakota (30.2 percent), the District of Columbia (32.7 percent), Iowa (33 percent), and Alaska (33.7 percent).
Out of the 110 metropolitan statistical areas in our analysis with populations over 500,000, the markets with the highest share of equity-rich homes were San Jose, CA (68.4 percent); Los Angeles, CA (63.4 percent); San Diego, CA (62.5 percent); Buffalo, NY (61.5 percent); and Portland, ME (60.6 percent).
The metro areas with the smallest share of equity-rich homes were Baton Rouge, LA (16.2 percent); New Orleans, LA (22.4 percent); Des Moines, IA (29.3 percent); Virginia Beach, VA (30.3 percent); and Little Rock, AR (30.5 percent).Read full article here: https://www.attomdata.com/news/market-trends/home-sales-prices/q2-2025-home-equity-and-underwater-report/