Technology

HOMEOWNER EQUITY TURNS BACK UPWARD ACROSS U.S. IN SECOND QUARTER OF 2024 AS HOME VALUES SURGE

Published

2 years ago

August 1, 2024

Half of Mortgaged Homeowners Once Again Equity-Rich; Portion of Owners Seriously Underwater Drops to Five-Year Low

IRVINE, Calif., Aug. 1, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property, and real estate data, today released its second quarter 2024 U.S. Home Equity & Underwater Report, which shows that 49.2 percent of mortgaged residential properties in the United States were considered equity-rich in the second quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.

The portion of mortgaged homeowners in equity-rich territory during the second quarter of 2024 rose from 45.8 percent in the first quarter of 2024, matching a high point reached in the Spring of last year. The increase reversed a series of three straight quarterly declines and marked one of the best gains in the past five years.

While equity-rich levels improved, the report also reveals that the portion of home mortgages that were seriously underwater in the U.S. declined to 2.4 percent during the second quarter, or just one in 42. That was down from 2.7 percent in the prior quarter to the lowest level since at least 2019. Seriously underwater mortgages are those with combined estimated balances of loans secured by properties that are at least 25 percent more than those properties’ estimated market values.

The second-quarter equity gains came as home prices spiked during the 2024 Spring buying season, with the median national price shooting up 9 percent quarterly to a new record of $365,000. Rising prices helped raise equity levels throughout most of the country by widening the gap between the estimated value of homes and the amounts homeowners owed on their loans.

“Homeowner wealth took a notable turn for the better during the second quarter as equity levels piggybacked on some of the biggest home-price spikes we’ve seen in recent years,” said Rob Barber, CEO for ATTOM. “After a period where equity seemed stagnant or even declining, this brought another boost of good news for homeowners from the enduring housing market boom. Supplies of homes for sale remain limited these days and buyer demand is typically elevated during the Summertime. So, it should be no surprise if home values go even higher and take equity along for the ride.”

The latest market pattern reflects a period when the housing market rebounded from several sluggish quarters of price gains and losses. Values surged amid a tight supply of homes combined with the usual Springtime increase in buyer demand. Additional help came from relatively stable home-mortgage rates that hovered back and forth around 7 percent for a 30-year fixed loan as well as a national unemployment rate that fell below 4 percent and investment markets that hit new highs.

Equity-rich shares of mortgages climb throughout U.S.
The portion of mortgages that were equity-rich increased in 48 of the 50 U.S. states from the first quarter of 2024 to the second quarter of 2024, commonly by more than two percentage points. Measured annually, equity-rich levels were up in 31 states as the nationwide figure of 49.2 percent equity-rich in the second quarter of this year matched the portion from the second quarter of 2023.

The biggest quarterly increases came in lower-priced markets, mainly across the South and Midwest regions, led by Kentucky (where the portion of mortgaged homes considered equity-rich increased from 28.7 percent in the first quarter of 2024 to 37.4 percent in the second quarter of 2024), Illinois (up from 28.3 percent to 36.1 percent), Missouri (up from 38.3 percent to 45.5 percent), Oklahoma (up from 28.1 percent to 34.5 percent) and Alabama (up from 35.7 percent to 41.9 percent).

At the other end of the scale, equity-rich levels remained the same in two states (staying at 54 percent in Utah and 51.5 percent in South Dakota). The smallest increases were in North Dakota (up from 31.5 percent to 32 percent), California (up from 58.6 percent to 59.4 percent) and Louisiana (up from 20.1 percent to 21 percent).

Seriously underwater mortgage levels also improve in most states
The portion of mortgaged homes considered seriously underwater declined nationwide during the second quarter of 2024 to one in 42. That was down from one in 37 in the first quarter of 2024 and one in 36 in the second quarter of last year – well below the ratio of one in 15 recorded in 2019. The rate decreased in 47 states quarterly and 37 states annually.

As with rising equity-rich levels, the biggest decreases in seriously underwater mortgages were clustered mainly in the South and Midwest. The largest quarterly decreases were in Wyoming (share of mortgaged homes that were seriously underwater down from 8.8 percent in the first quarter of 2024 to 2.5 percent in the second quarter of 2024), Kentucky (down from 8.3 percent to 6.3 percent), Illinois (down from 5.2 percent to 4 percent), Oklahoma (down from 6.1 percent to 5 percent) and Alabama (down from 3.6 percent to 2.8 percent).

On the flip side, two states saw slight increases in the percentage of seriously underwater homes from the first quarter to the second quarter of 2024. They were Utah (up from 2.1 percent to 2.2 percent) and South Dakota (up from 3 percent to 3.1 percent). The rate was unchanged in three states: New Mexico (2.6 percent), Kansas (2.9 percent) and Idaho (2.4 percent).

Largest levels of equity-rich homeowners still in higher-priced markets of Northeast and West
The 10 states with the highest levels of equity-rich mortgaged properties around the U.S. during the second quarter of 2024 again were in the Northeast or West regions. Those with the largest portions were Vermont (83.5 percent of mortgaged homes were equity-rich), Maine (61.5 percent), New Hampshire (61.1 percent), Montana (61.1 percent) and Rhode Island (60.2 percent).

Nine of the 10 states with the lowest percentages of equity-rich properties during the second quarter of 2024 were in the Midwest or South. The smallest portions were in Louisiana (21 percent of mortgaged homes were equity-rich), Alaska (31 percent), North Dakota (32 percent), West Virginia (33.6 percent) and Oklahoma (34.5 percent).

Among 107 metropolitan statistical areas around the nation with a population of at least 500,000, upscale markets where median home values topped $400,000 again dominated the list of places with the highest portion of mortgaged properties that were equity-rich during the second quarter. (See ATTOM’s latest Q2 2024 U.S. home sales report)

Those markets were led by San Jose, CA (70.4 percent equity-rich, with a second-quarter median home price of $1.6 million); Miami, FL (65.4 percent, with a median price of $485,000); San Diego, CA (65.4 percent, with a median price of $910,000); Los Angeles, CA (65.3 percent, with a median price of $963,500) and Portland, ME (65.1 percent, with a median price of $499,411).

The leader in the Midwest continued to be Grand Rapids, MI (57.2 percent equity-rich, with a median price of $325,000).

The metro areas with the lowest percentages of equity-rich properties in the second quarter of 2024 remained mostly in low-priced markets of the South and Midwest. The smallest levels were in Baton Rouge, LA (17.5 percent of mortgaged homes were equity-rich, with a second-quarter median home price of $235,000); New Orleans, LA (27.1 percent, with a median price of $255,000); Jackson, MS (29.2 percent, with a median price of $262,421); Virginia Beach, VA (30.3 percent, with a median price of $329,000) and Little Rock, AR (32.5 percent, with a median price of $224,268).

The portion of mortgaged homes considered equity rich increased from the first quarter of 2024 to the second quarter of 2024 in 99 of the 107 metro areas with sufficient data (93 percent), but was still down from the second quarter of 2023 to the same period of 2024 in 57 percent.

Top equity-rich counties again concentrated in Midwest, Northeast and West
Among 1,747 counties that had at least 2,500 homes with mortgages in the second quarter of 2024, the top 30 equity-rich locations were spread across the Midwest, Northeast or West regions, with Michigan and Vermont leading the way.

Counties with the highest share of equity-rich properties were Chittenden County (Burlington), VT (90.8 percent equity rich); Benzie County (Beulah), MI (89.2 percent); Manistee County, MI (86.6 percent); Washington County (Montpelier), VT (86.3 percent) and Marquette County, MI (85.4 percent).

Counties with populations of at least 500,000 and the highest equity-rich levels were Santa Clara County (San Jose), CA (71.4 percent equity-rich); Orange County, CA (outside Los Angeles) (69.9 percent); Palm Beach County (West Palm Beach), FL (68.2 percent); Miami-Dade County, FL (67.6 percent) and San Diego County, CA (65.4 percent).

Nineteen of the 20 counties with the smallest share of equity-rich homes in the second quarter of 2024 were in the South. The lowest were in Vernon Parish (Leesville), LA (5.4 percent equity rich); Long County, GA (south of Savannah) (9.2 percent); Ascension Parish, LA (outside Baton Rouge) (9.7 percent); Acadia Parish, LA (outside Lafayette) (10 percent) and Arkansas County, AR (east of Little Rock (10.7 percent).

Counties with populations of at least 500,000 and the smallest equity-rich portions were Cook County (Chicago), IL (34.8 percent equity-rich); Hennepin County (Minneapolis), MN (38.6 percent); Cuyahoga County (Cleveland), OH (39 percent); Philadelphia County, PA (40.6 percent) and New York County (Manhattan), NY (43.1 percent).

At least 50 percent of all mortgaged properties considered equity-rich in almost half of all U.S. zip codes
Among 9,120 U.S. zip codes that had at least 2,000 residential properties with mortgages in the second quarter of 2024, there were 4,263 (46.7 percent) where at least half the mortgaged properties were equity-rich.

Among the top 50 zip codes, 41 were in California, Florida or Texas, including five each in Santa Barbara, CA, and Irvine, CA. The largest shares were in zip codes 49855 in Marquette, MI (87.1 percent of mortgaged properties were equity-rich); 93110 in Santa Barbara, CA (86.2 percent); 92657 in Newport Coast, CA (85.9 percent); 57702 in Rapid City, SD (85.5 percent) and 76115 in Fort Worth, TX (85.4 percent).

Largest shares of seriously underwater mortgages continue in Midwest and South
The Midwest and South regions had 18 of the top 20 states with the highest shares of mortgages that were seriously underwater in the second quarter of this year. The top five were Louisiana (10.5 percent seriously underwater), Mississippi (6.8 percent), Kentucky (6.3 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 (1.2 percent).

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 second quarter of 2024 were Baton Rouge, LA (11 percent); New Orleans, LA (7.4 percent); Jackson, MS (6.1 percent); Little Rock, AR (4.7 percent) and Lexington, KY (4.7 percent).

More than 20 percent of residential mortgages seriously underwater in less than 1 percent zip codes
Among the 9,120 U.S. zip codes that had at least 2,000 homes with mortgages in the second quarter of 2024, there were only 19 locations where more than 20 percent of mortgaged properties were seriously underwater.

The top five zip codes with the largest shares of seriously underwater properties in the second quarter of 2024 were 39180 in Vicksburg, MI (38.8 percent of mortgaged homes were seriously underwater); 42445 in Princeton, KY (36 percent); 71446 in Leesville, LA (33.4 percent); 44108 in Cleveland, OH (32.7 percent) and 44112 in Cleveland, OH (30 percent).

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 to power products that improve transparency, innovation, efficiency, and disruption 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:
datareports@attomdata.com

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SOURCE ATTOM

Technology

CLIN OPS SOLUTIONS EXPANDS INDUSTRY IMPPACT THROUGH EXCLUSIVE EVENTS, NETWORKING DINNERS, AND EXPERT-LED WEBINARS

Published

29 minutes ago

April 21, 2026

Bridging talent, insight, and innovation—beyond recruitment

BOSTON, April 21, 2026 /PRNewswire/ — Clin Ops Solutions, a leading recruitment partner to biotech and pharmaceutical organizations, is redefining how clinical research professionals connect, learn, and grow.

Known for delivering top-tier talent across clinical operations, the company is expanding its impact through a curated portfolio of exclusive networking dinners, industry-focused webinars, and collaborative event experiences—designed to go beyond traditional recruitment and actively support career growth, knowledge exchange, and operational excellence.

“At Clin Ops Solutions, we recognized that the industry doesn’t just need connections—it needs meaningful conversations and shared insight,” said Sylvain Bédard, Founder and CEO. “Our events create spaces where leaders can openly discuss challenges, exchange ideas, and ultimately strengthen the future of clinical research.”

A New Model for Industry Engagement
Networking Dinners – Private, invitation-only gatherings that bring together senior leaders in clinical operations, regulatory affairs, and vendor management. These settings foster candid discussions on real-world challenges—far from the noise of large conferences.

Expert-Led Webinars – Timely sessions addressing critical industry trends, including site engagement, patient recruitment, study start-up inefficiencies, and vendor alignment. Each webinar delivers actionable insights from experienced professionals across the clinical research ecosystem.

Collaborative Industry Events – Strategic partnerships with organizations and industry experts to host panels, roundtables, and thought leadership discussions that tackle the most pressing operational challenges in clinical trials today.

Beyond Recruitment: Driving Career Growth and Industry Progress
While Clin Ops Solutions remains a trusted recruitment partner, its expanded initiatives reflect a broader mission: to empower clinical research professionals at every stage of their careers.

Through these events, attendees gain direct access to industry leaders and decision-makers, insights into evolving clinical trial challenges and solutions, opportunities to build meaningful, long-term professional relationships, and exposure to new career pathways and organizational perspectives.

This approach not only strengthens individual careers but also contributes to more efficient, connected, and forward-thinking clinical trial operations.

Supporting a More Connected Clinical Research Community
As the clinical research landscape continues to evolve, Clin Ops Solutions is committed to creating platforms that encourage transparency, collaboration, and shared learning.

By integrating recruitment with thought leadership and industry engagement, the company is positioning itself as more than a staffing partner—it is becoming a connector of ideas, expertise, and innovation.

About Clin Ops Solutions
Clin Ops Solutions is a specialized recruitment firm supporting biotech and pharmaceutical companies in building high-performing clinical operations teams. Through a unique blend of talent solutions, industry events, and collaborative initiatives, the company connects professionals and organizations to drive success in clinical research.

The company’s business development efforts are led by Jason Milovanovic and Leticia Tarilonte, both Vice Presidents of Business Development, who work closely with clients and industry partners to support growth, build relationships, and expand Clin Ops Solutions’ presence across the clinical research landscape.

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SOURCE Clin Ops Solutions

Technology

Chapters Health System Named 2026 USA TODAY Top Workplaces

Published

29 minutes ago

April 21, 2026

TEMPLE TERRACE, Fla., April 21, 2026 /PRNewswire/ — Chapters Health System, the nation’s leading chronic illness innovator and largest nonprofit hospice provider, proudly announced that it has once again earned the prestigious 2026 USA TODAY Top Workplaces award.

The award honors organizations with 150 or more employees that have created exceptional, people-first cultures. This year, more than 40,500 organizations were invited to participate. The winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. USA TODAY showcased the winners online and at the National Awards Summit in Nashville.

“Earning the USA TODAY Top Workplaces once again speaks to the incredible momentum Chapters Health System has gained in driving a people-first culture while sustaining exponential grown through multiple affiliations on the West Coast,” said Andrew Molosky, President and CEO, Chapters Health System. “Thanks to our incredible team, we are proving that quality, growth, and culture can all thrive by leveraging our unique approach to healthcare.”

Winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance.

At Chapters Health, we believe that an engaged, mission-driven culture can transform healthcare,” said Nikki Romence, Chief People Officer, Chapters Health System. “This continued recognition is a testament to our nearly 4,500 team members across the country and their commitment to collaboration, innovation, and accountability. Their focus on our mission of taking care of patients, or taking care of those who do allows us to provide exceptional care to the thousands of families who depend on us each day.”

To learn more about career opportunities at Chapters Health System and the opportunity to change the future of healthcare, click here.

About Chapters Health System
Chapters Health System is boldly innovating the future of chronic illness care through its collective portfolio of more than 30 different companies and programs, including the nation’s largest nonprofit hospice network, PACE, value-based care such as CareNu, managed services organizations, technology solutions, advanced illness offerings, consulting, and more. Established in 1983 as a community-centered, nonprofit entity, Chapters Health has grown exponentially through its radical approach to healthcare that leverages a one-of-a-kind system to support patients, families, and caregivers across the country, while remaining grounded in the mission of taking care of patients, or taking care of those who do®. Chapters Health has been nationally recognized by Great Places to Work, Fortune®, USA Today, and others for being a top place to work. To learn more, visit www.chaptershealth.org, like us on Facebook or follow us on X and LinkedIn.

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SOURCE Chapters Health System

Technology

CC&N Launches Data Center Day 2 Infrastructure Support to Sustain Performance in Live Environments

Published

29 minutes ago

April 21, 2026

Employee-owned company expands services to provide embedded teams that protect uptime, manage continuous change, and support long-term data center performance.

BROOKFIELD, Wis., April 21, 2026 /PRNewswire-PRWeb/ — As demand for data infrastructure continues to accelerate, CC&N is expanding its infrastructure support capabilities into data center environments. The Southeastern Wisconsin-based, 100 percent employee-owned company today announced the availability of its Data Center Day 2 Infrastructure Support services for mission-critical environments.

“Our Day 2 Infrastructure Support teams stay embedded in the environment, helping organizations manage change without compromising performance,” said Dan Witkofski, President of CC&N. “We focus on getting the details right so issues don’t surface later.”

While much of the industry focuses on data center construction and deployment, CC&N is building on its experience in those environments to support and maintain them once live, which includes ongoing operational support. Once infrastructure is installed, environments continue to evolve as systems expand, equipment changes and operational demands increase.

“At CC&N, we understand that the work doesn’t stop once a data center is up and running; we know that it shifts,” said Dan Witkofski, President of CC&N. “Our Day 2 Infrastructure Support teams stay embedded in the environment, helping organizations manage change without compromising performance. We focus on getting the details right so issues don’t surface later.”

CC&N’s Day 2 Infrastructure Support services provide embedded technicians who operate inside live data center environments as an extension of the customer’s team. Working within established workflows, ticketing systems and change management processes, these technicians help ensure consistency, accountability and precision across all infrastructure activities.

The service offering includes:

Support for moves, adds and changes (MAC)Troubleshooting of fiber, copper and rack-level connectivityProactive infrastructure maintenanceDisciplined labeling and documentation practices that preserve clarity and traceability over time

By combining physical infrastructure expertise with operational alignment, CC&N helps organizations reduce risk, improve response times, and maintain long-term system reliability.

“Day 2 support is about maintaining control in environments that are constantly changing,” Witkofski added. “We’ve long supported these types of needs for our customers, and now we’re bringing that same discipline and expertise directly into data center environments. Our teams bring the operational discipline and hands-on expertise needed to keep infrastructure organized, responsive and reliable as demands grow.”

CC&N’s approach is rooted in its employee-owned structure, where technicians take ownership of their work and remain engaged until issues are fully resolved. The company’s teams operate across hyperscale, colocation and enterprise data centers, supporting mission-critical environments where uptime is essential and precision matters.

As organizations continue to scale their data center operations, CC&N’s Day 2 Infrastructure Support services provide a structured, consistent approach to managing ongoing infrastructure needs without expanding internal headcount.

To learn more about CC&N’s Data Center Day 2 Infrastructure Support services, visit cc-n.com or contact the company directly to start a conversation.

About CC&N

Founded in 1985, CC&N is a network infrastructure company specializing in the design, installation, and support of mission critical connectivity systems. The company delivers structured cabling, Wi Fi, DAS, UPS, and data center infrastructure services, helping organizations stay reliably connected without disrupting operations. CC&N has spent decades building an experienced team that delivers customers depth of knowledge, exceptional craftsmanship, reliable on-time delivery and highly responsive customer care. The company has offices in Brookfield, Menasha, Eau Claire and Madison to provide both project and service work to small, mid-size and enterprise companies in a wide range of businesses and industries. CC&N is a 100% employee-owned ESOP and an OwnersEdge operating company.

About OwnersEdge

Based in Waukesha, Wis., OwnersEdge Inc. is a 100% employee-owned ESOP holding company that strives to invest in and build sustainable businesses throughout the Midwest. The operating companies within the OwnersEdge portfolio utilize their industry expertise to drive business growth and create value for stakeholders including customers, communities and the ESOP employee owners. The existing companies in its portfolio – Asche & Spencer, BAYCOM, CC&N, Implecho, QComp Technologies and EmbedTek – provide diverse products and services to a variety of market segments ranging from public safety to construction to manufacturing and music production. For more information, visit OwnersEdge.com.

Media Contact

Andrea Meyers, Stream Creative, 1 414-530-0704, andrea@streamcreative.com

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SOURCE CC&N