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HOME EQUITY GAINS LEVEL OFF AS U.S. HOUSING MARKET COOLS DOWN DURING THIRD QUARTER OF 2024

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Almost Half of Mortgaged Homeowners Remain Equity-Rich; Portion of Owners Seriously Underwater Still Close to Five-Year Low;

IRVINE, Calif., Oct. 24, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property data, and real estate analytics, today released its third quarter 2024 U.S. Home Equity & Underwater Report, which shows that 48.3 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.

That level was down from a recent peak of 49.2 percent hit in the second quarter of 2024. However, it was still up from 47.4 percent a year earlier and remained historically high, reflecting one of the enduring effects of a housing market boom around the nation that has lasted more than a decade.

Much the same pattern emerged during the third quarter for the portion of home mortgages that were seriously underwater. Just 2.5 percent of mortgaged homes fell into that category, with combined estimated balances of loans secured by properties that are at least 25 percent more than those properties’ estimated market values. That was slightly worse than the 2.4 percent recorded in the prior quarter and the same is in the third quarter of 2023.

“Homeowner equity typically mirrors home-price trends, and the third quarter of this year followed that pattern. Equity remained elevated as the value of residential properties has surged consistently over the years. However, it held steady this quarter, reflecting the cooling of earlier sharp price increases,” said Rob Barber, CEO for ATTOM. “Despite the flat pattern, home equity keeps providing a significant boost to the economy in the form of financial leverage that tens of millions of households can use to finance major purchases or investments.”

He added that “we can expect to see small movements up or down over the coming months as the housing market moves into its annual slow season.”

The latest equity pattern comes as the market remains strong throughout most of the nation but also faces a mix of forces that could either keep it going upward or flatten it out.

Equity-rich shares of mortgages dip quarterly but remain up annually in majority of states
The portion of mortgaged homes that were equity-rich during the third quarter of 2024, 48.3 percent, remained far above the 26.5 percent level recorded in early 2020. Although it decreased in 28 of the 50 U.S. states from the second quarter to the third quarter of 2024, typically by less than two percentage points, it continued to be up annually in 37 states.

Annual increases generally tilted more toward low- and mid-priced markets around the country, concentrated in the Midwest and Northeast regions. The increases were led by Vermont (portion of mortgaged homes considered equity-rich increased from 79.8 percent in the third quarter of 2023 to 86.4 percent in the third quarter of 2024), West Virginia (up from 30.5 percent to 37 percent), Connecticut (up from 41.5 percent to 47.7 percent), New Jersey (up from 45.9 percent to 52 percent) and Rhode Island (up from 54.7 percent to 60.6 percent).

At the other end of the scale, equity-rich levels declined more often in western states, led by Utah (down, year over year, from 56.8 percent to 52.4 percent), Arizona (down from 54.3 percent to 50 percent), Colorado (down from 51.1 percent to 48 percent), Washington (down from 56.7 percent to 54.6 percent) and Oregon (down from 52.7 percent to 50.8 percent).

Seriously underwater mortgage levels change by small amounts in most states
The portion of mortgaged homes considered seriously underwater across the U.S. barely changed during the third quarter. It stood at one in 40, which was up slightly from one in 42 during the second quarter but the same as a year earlier – and well below the ratio of one in 15 recorded in 2020.

The rate worsened quarterly in 30 states, though it was still better annually in 24.

The biggest annual improvements in seriously underwater mortgages came in Wyoming (share of mortgaged homes that were seriously underwater down from 5.9 percent in the third quarter of 2023 to 2.4 percent in the third quarter of 2024), West Virginia (down from 4.6 percent to 3.8 percent), Louisiana (down from 10.8 percent to 10.1 percent), Illinois (down from 4.4 percent to 4.1 percent) and New Jersey (down from 1.9 percent to 1.6 percent).

On the flip side, the largest year-over-year increases in the percentage of seriously underwater homes during the third quarter of 2024 were in Kansas (up from 2.6 percent to 4.4 percent), Utah (up from 1.8 percent to 2.4 percent), South Dakota (up from 2.6 percent to 3.1 percent), Missouri (up from 3.9 percent to 4.3 percent) and Colorado (up from 1.7 percent to 2 percent).

High-end markets clustered in Northeast and West continue to benefit from best equity-rich rates
The 10 states with the highest levels of equity-rich mortgaged properties around the U.S. during the third quarter of 2024 again were in the Northeast or West regions. Those with the largest portions were Vermont (86.4 percent of mortgaged homes were equity-rich), Maine (62.2 percent), New Hampshire (61.1 percent), Rhode Island (60.6 percent) and Montana (60.5 percent).

Nine of the 10 states with the lowest percentages of equity-rich properties during the third quarter of 2024 were in the Midwest or South. The smallest portions were in Louisiana (21.1 percent of mortgaged homes were equity-rich), Alaska (31.9 percent), North Dakota (33.2 percent), Maryland (33.2 percent) and Illinois (34 percent).

Among 107 metropolitan statistical areas around the nation with a population of at least 500,000, upscale markets where median home values surpassed $450,000 topped the list of places with the highest portion of mortgaged properties that were equity-rich during the third quarter. (See this ATTOM report for home values: Home Seller Profit Margins Drop Slightly Across U.S. as Housing Market Slows During Third Quarter).

They were led by San Jose, CA (68.7 percent equity-rich, with a third-quarter median home price of $1.5 million); Portland, ME (64.6 percent, with a median price of $520,000); San Diego, CA (64.1 percent, with a median price of $885,000); Los Angeles, CA (63.9 percent, with a median price of $949,375) and Buffalo, NY (63.7 percent, with a median price of $268,000).

The leader in the South was Knoxville, TN (60.7 percent, with a median price of $345,949) while the Midwest was led again by Grand Rapids, MI (55 percent, with a median price of $327,520).

Metro areas with the lowest percentages of equity-rich properties in the third quarter of 2024 remained mostly in lower-priced markets of the South and Midwest. The smallest levels were in Baton Rouge, LA (15.8 percent of mortgaged homes were equity-rich, with a third-quarter median home price of $223,564); New Orleans, LA (26.9 percent, with a median price of $242,900); Little Rock, AR (30.1 percent, with a median price of $215,844); Virginia Beach, VA (30.2 percent, with a median price of $330,000) and Jackson, MS (30.2 percent, with a median price of $285,407).

The portion of mortgaged homes considered equity rich decreased from the second to the third quarter of 2024 in 80 of the 107 metro areas with sufficient data (75 percent) but was still up from the third quarter of 2023 to the same period of 2024 in 70 of those markets (66 percent).  

Top equity-rich counties again concentrated in Midwest
Among 1,751 counties that had at least 2,500 homes with mortgages in the third quarter of 2024, 14 of the top 20 equity-rich locations were spread across the Midwest, with Michigan leading the way.

Counties with the highest share of equity-rich properties were Chittenden County (Burlington), VT (91.9 percent equity rich); Benzie County (Beulah), MI (90.9 percent); Portage County (Stevens Point), WI (88.8 percent); Manistee County, MI (88.8 percent) and Washington County (Montpelier), VT (88.5 percent).

Nineteen of the 20 counties with the smallest share of equity-rich homes in the third quarter of 2024 were in the South. The lowest were in Vernon Parish (Leesville), LA (7 percent equity rich); Long County, GA (south of Savannah) (9.5 percent); Ascension Parish, LA (outside Baton Rouge) (11.3 percent); Acadia Parish, LA (outside Lafayette) (12.5 percent) and Bossier Parish, LA (13.7 percent).

Nearly half of all mortgaged homes considered equity-rich in almost 50 percent of U.S. zip codes
Among 9,144 U.S. zip codes that had at least 2,000 residential properties with mortgages in the third quarter of 2024, there were 4,102 (44.9 percent) where at least half the mortgaged residential properties were equity-rich.

Among the top 50 zip codes, 31 were in California, Massachusetts or Texas, including six in Irvine, CA, and three each in Santa Barbara, CA, and Houston, TX. The largest shares were in zip codes 49855 in Marquette, MI (88.6 percent of mortgaged properties were equity-rich); 92657 in Newport Coast, CA (85.7 percent); 54843 in Hayward, WI (85.5 percent); 76115 in Fort Worth, TX (85 percent) and 92620 in Irvine, CA (84.9 percent).

Midwest and South still have highest seriously underwater mortgage rates
The Midwest and South regions had 19 of the 20 states with the highest shares of mortgages that were seriously underwater in the third quarter of this year. The top five were Louisiana (10.1 percent seriously underwater), Mississippi (7.2 percent), Kentucky (5.5 percent), Arkansas (5.4 percent) and Iowa (5.2 percent).

The smallest shares were in Vermont (0.7 percent seriously underwater), Rhode Island (0.9 percent), New Hampshire (1 percent), Massachusetts (1.1 percent) and California (1.4 percent).

Among different regions, one of every 29 mortgaged homes was seriously underwater in the Midwest, one of every 37 in the South, one of every 50 in the Northeast and one of every 61 in the West.

Among 107 metropolitan statistical areas with a population greater than 500,000, those with the largest shares of mortgages that were seriously underwater in the third quarter of 2024 were Baton Rouge, LA (11.1 percent); New Orleans, LA (7.4 percent); Jackson, MS (6.6 percent); Kansas City, MO (5.5 percent) and Little Rock, AR (5.2 percent).

The portion of mortgages that were seriously underwater increased quarterly in 80, or 75 percent, of the metro areas in the U.S. with enough data to analyze. They were up, year over year, in 61 percent of the metro areas analyzed.

Report methodology
The ATTOM U.S. Home Equity & Underwater report provides counts of properties based on several categories of equity — or loan to value (LTV) — at the state, metro, county and zip code level, along with the percentage of total properties with a mortgage that each equity category represents. The equity/LTV is calculated based on record-level loan model estimating position and amount of loans secured by a property and a record-level automated valuation model (AVM) derived from publicly recorded mortgage and deed of trust data collected and licensed by ATTOM nationwide for more than 155 million U.S. properties. The ATTOM Home Equity and Underwater report has been updated and modified to better reflect a housing market focused on the traditional home buying process. ATTOM found that markets where investors were more prominent, they would offset the loan to value ratio due to sales involving multiple properties with a single jumbo loan encompassing all of the properties. Therefore, going forward such activity is now excluded from the reports in order to provide traditional consumer home purchase and loan activity.

Definitions
Seriously underwater: Loan to value ratio of 125 percent or above, meaning the property owner owed at least 25 percent more than the estimated market value of the property.

Equity-rich: Loan to value ratio of 50 percent or lower, meaning the property owner had at least 50 percent equity. 

About ATTOM
ATTOM provides premium property data and analytics that power a myriad of solutions that improve transparency, innovation, digitization and efficiency in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation’s population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 30TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include ATTOM Cloud, bulk file licenses, property data APIs, real estate market trends, property navigator and more. Also, introducing our newest innovative solution, making property data more readily accessible and optimized for AI applications – AI-Ready Solutions.

Media Contact:
Megan Hunt
Megan.hunt@attomdata.com

Data and Report Licensing:
949.502.8313
datareports@attomdata.com

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SOURCE ATTOM

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BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT

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May 9, 2026

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LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.

While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.

According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.

This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.

BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.

The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.

The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.

View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html

SOURCE BitradeX Capital

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South and East Asia identified as hotspots of global warming related impacts on male fertility

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May 9, 2026

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BEIJING, May 9, 2026 /PRNewswire/ — A major new study has shown that South and East Asia dominate patterns of global warming related decline in male fertility with the strongest and most consistent evidence coming from India, Pakistan and the southern parts of China.

The effects of increased environmental temperatures on male reproductive health include declining sperm concentration and motility and increased sperm DNA fragmentation, or genetic damage that can hinder fertilisation and embryo development.

Male related factors account for around 50 per cent of infertility cases around the world and the impact of rising ambient heat on semen parameters raises serious implications across wide areas of Asia where total fertility rates are in serious decline.

Outcomes of the study undertaken by the Taiwan IVF Group and Ton Yen General Hospital, Taiwan (China) in collaboration with Stanford University (USA) are being presented at the 2026 Congress of the Asia Pacific Initiative on Reproduction (ASPIRE) in Beijing.

Research principal and Adjunct Clinical Assistant Professor at Stanford University, Dr Jack Yu Jen Huang, MD, PhD, FACOG said: “Given the temperature sensitivity of spermatogenesis, even modest increases in ambient temperature could have cumulative, population-level effects over time.

“As global warming accelerates, male reproductive health may represent an emerging climate sensitive public health concern.”

The testes function optimally at temperatures lower than the internal body heat level, and previous studies have shown elevated scrotal or ambient temperatures can impair sperm production.

The latest research explored global patterns to reveal comparative data across regions. It is based on a systematic review of international studies on temperature exposure and semen parameter trends between 2000 and 2024. Artificial intelligence algorithms and machine learning tools were applied to extract key variables including geographic regions and semen outcomes.

Dr Huang said studies examining occupational heat exposure alone were excluded from the analysis as they reflected localised, job-specific conditions rather than broader climatic trends.

“Our findings therefore represent population level climate associated temperature effects including consistent seasonal variations showing poor semen quality parameters in warmer periods.”

The global patterns on temperature associated lower sperm concentration and motility show South and East Asia as major hot spots of concern followed by the Middle East, Europe and North America.

“South and East Asia are likely more affected due to a combination of factors including higher baseline ambient temperatures and rapid urbanisation that contribute to greater cumulative heat stress on spermatogenesis,” Dr Huang explained.

“With ongoing global warming, chronic heat exposure may increasingly impact male reproductive health.”

Dr Huang said potential approaches to address the issue include:

increasing public awareness of heat exposure and reproductive health;encouraging protective behaviours;expanding research integrating climate and reproductive health data; andexploring clinical and lifestyle interventions to mitigate heat-related effects.

The research team was assisted by research intern Jeffrey Zi Kang Huang from Taipei American School, particularly in the application of artificial intelligence in biomedical research including AI-assisted data analysis and pattern recognition across global datasets.

“Further longitudinal and mechanistic studies will be important to better define causality and guide interventions,” he added.

The ASPIRE Congress is being held at the China National Convention Centre in Beijing. More than 3,000 scientists, clinicians, nurses and counsellors in assisted reproduction from around the world are attending the Congress.

For further information, go to https://www.aspire2026.com

 

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SOURCE ASPIRE

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eclicktech Attends Amazon Ads unBoxed 2026, Highlighting Four Key Trends Shaping AI-Driven Global Marketing

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May 9, 2026

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SHENZHEN, China, May 9, 2026 /PRNewswire/ — Amazon Ads recently hosted its annual flagship event, Amazon Ads unBoxed 2026, in Shenzhen, bringing together advertisers, agencies, and technology partners to explore the next phase of AI-powered marketing innovation. This year’s event focused on how AI is reshaping the advertising ecosystem through advancements in audience targeting, creative production, campaign management, and measurement capabilities.

Yeahmobi, the global marketing brand under eclicktech and an Amazon DSP validated partner, attended the event alongside industry leaders and ecosystem partners to discuss emerging opportunities for international brand growth in an increasingly AI-driven media environment.

During the conference, Amazon Ads introduced a series of product and solution updates across four major areas:

Advanced audience targeting powered by Amazon’s first-party data infrastructure to help brands reach high-intent consumers more effectively;AI-assisted creative production designed to improve content efficiency and support personalized advertising at scale;Intelligent campaign management tools aimed at simplifying cross-channel advertising workflows;Enhanced measurement and attribution capabilities to provide advertisers with clearer visibility into campaign performance and return on investment.

According to Yeahmobi, Amazon DSP is evolving beyond a standalone programmatic buying platform into a broader marketing infrastructure supporting the full customer journey, from brand awareness to conversion.

Since becoming an Amazon Ads partner, Yeahmobi has developed integrated advertising solutions spanning awareness, audience engagement, and conversion optimization. The company stated that it has supported brands across sectors including cross-border e-commerce, consumer electronics, AI applications, and financial services in scaling their global advertising efforts through Amazon DSP.

At the event, Yeahmobi also showcased its proprietary advertising management platform, Yeahgrowth, which integrates campaign management, data analytics, and performance optimization capabilities to support centralized multi-platform operations and improved campaign visibility.

“AI is fundamentally reshaping how brands approach global growth,” said William Liu, General Manager of Yeahmobi. “We see Amazon Ads as a strategically important part of the global marketing ecosystem. Our focus is not only on media execution, but also on building scalable growth infrastructure through deeper API integration, AI-driven optimization, and data collaboration.”

Yeahmobi stated that it will continue expanding its collaboration with Amazon Ads to support brands navigating increasingly complex global media environments.

About Yeahmobi
Yeahmobi is a global marketing brand focused on helping businesses achieve international growth through digital advertising, data-driven operations, and AI-powered marketing solutions.

Forward-Looking Statements
This press release contains forward-looking statements. Actual results may differ materially due to various risks and uncertainties. The company undertakes no obligation to update any forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/eclicktech-attends-amazon-ads-unboxed-2026-highlighting-four-key-trends-shaping-ai-driven-global-marketing-302767470.html

SOURCE Yeahmobi

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