September 24 2021 03:30 pm

Are you ‘equity rich?’ Study shows nearly half of Sacramento homeowners are

Money Matters

Home values have skyrocketed. And while your might still have many years to go on your mortgage, you may find yourself “equity rich.”

According to a new study by ATTOM Data, 47% of Sacramento homeowners are equity rich, meaning they have more equity than what is owed on their mortgage.

Catalyst Mortgage President and CEO Brandon Haefele joined Richard to explain.

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