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SHARE OF EQUITY-RICH HOMES NEAR FIVE-YEAR LOW

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The national share of equity-rich homes fell to 41.1 percent in the second quarter; Rate of seriously underwater homes held steady at 3.2 percent

IRVINE, Calif., Aug. 20, 2026 /PRNewswire/ — ATTOM, the leading provider of property data, AI-powered intelligence, and real estate analytics solutions, today released its second quarter 2026 U.S. Home Equity & Underwater Report, which shows that 41.1 percent of mortgaged residential properties in the country were equity-rich, meaning the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value.

That was down from 43.3 percent in the first quarter of the year and from 47.4 percent in the second quarter of 2025. After four straight quarters of decline, the national share of equity-rich homes is at its lowest point in nearly five years.

Meanwhile, 3.2 percent of properties in the second quarter of 2026 were considered seriously underwater, meaning the combined estimated balances of loans secured by the properties were at least 25 percent more than the properties’ estimated market value. That was the same rate as the previous quarter, but up from 2.7 percent at the same time last year.

“These two measures of home equity strength, the rates of equity-rich and seriously underwater homes, remain healthier than they were prior to 2020,” said Rob Barber, CEO of ATTOM. “However, both have been moving in less favorable directions over the past year, suggesting a trend worth watching.”

Four states saw rates of equity-rich homes rise
The share of equity-rich homes rose in 13 states quarter-over-quarter but just four states year-over year.

The states that experienced year-over-year increases in their shares of equity-rich homes were North Dakota (up from 30.2 percent to 32.9 percent equity-rich); South Dakota (up from 52.1 percent to 53.6 percent); Kentucky (up from 35.1 percent to 36.5 percent); and Wyoming (up from 45.3 percent to 46.6 percent).

The states with the largest annual drops in their shares of equity-rich homes were Minnesota (down from 37.6 percent to 20.1 percent equity-rich); Michigan (down from 50.8 percent to 39.3 percent); California (down from 56.9 percent to 45.6 percent); Washington (down from 52.4 percent to 43.2 percent); and Missouri (down from 46.1 percent to 37.8 percent).

In the second quarter of 2026, the states with the highest proportions of equity-rich homes were Vermont (78.9 percent); Montana (59 percent); Rhode Island (54.9 percent); South Dakota (53.6 percent); and New Hampshire (53.1 percent).

Seriously underwater rate shoots up in Minnesota
The proportion of seriously underwater homes rose in 18 states quarter-over-quarter and in 33 states and the District of Columbia year-over-year.

The states with the largest annual increases in their rates of seriously underwater homes were Minnesota (up from 2.6 percent to 12.1 percent of homes seriously underwater); South Dakota (up from 3.1 percent to 5.7 percent); Iowa (up from 5.9 percent to 7.8 percent); Michigan (up from 2.5 percent to 4 percent); and the District of Columbia (up from 3.7 percent to 5 percent).

The states with the biggest year-over-year drops in their rates of seriously underwater homes were Louisiana (down from 11.9 percent to 10.3 percent); Kentucky (down from 7 percent to 5.7 percent); North Dakota (down from 5 percent to 4 percent); Oklahoma (down from 5.6 percent to 4.7 percent); and New York (down from 2 percent to 1.5 percent).

In the second quarter of 2026, the states with the highest rates of seriously underwater homes were Minnesota (12.1 percent); Louisiana (10.3 percent); Iowa (7.8 percent); Mississippi (6.4 percent); and Arkansas (6 percent).

Nearly all big metros lost share of equity-rich homes year-over-year
The share of equity-rich homes was down quarter-over-quarter in 67.6 percent (73) of the 108 metropolitan statistical areas in ATTOM’s analysis, which included metros if they had populations of at least 500,000 and sufficient data to analyze. Year-over-year, the share of equity-rich homes was down in 96.3 percent (104) of those metro areas.

The metro areas with the highest rates of equity-rich homes in the second quarter of 2026 were San Jose, CA (59.1 percent); Portland, ME (56.4 percent); New York, NY (54.7 percent); Buffalo, NU (54.4 percent); and Providence, RI (53.1 percent).

The metros with the lowest rates of equity-rich homes for the quarter were Baton Rouge, LA (15.4 percent); Minneapolis, MN (16.9 percent); Fresno, CA (18.1 percent); New Orleans, LA (19.9 percent); and Richmond, VA (22.1 percent).

On the other end of the spectrum, the metros with the highest rates of seriously underwater homes were Minneapolis, MN (13.4 percent); Fresno, CA (10.9 percent); Baton Rouge, LA (10.9 percent); New Orleans, LA (8.5 percent); and Richmond, VA (6.7 percent).

Wide disparities in equity-rich rates between counties
Among counties with sufficient data to analyze, those with the highest shares of equity-rich homes in the second quarter of 2026 were Park County, MT (94.7 percent); Codington County, SD (92.2 percent); Lawrence County, SD (89 percent); Marquette County, MI (86.4 percent); and Chittenden County, VT (86.3 percent).

The counties with the smallest shares of equity-rich homes were Saint Bernard Parish, LA (10.8 percent); Sherburne County, MN (12.6 percent); Iberville Parish, LA (12.7 percent); Bossier Parish, LA (12.8 percent); and Long County, GA (13.3 percent).

Shrinking share of zip codes have at least 50 percent equity-rich homes
In the second quarter of 2026, at least half of all mortgaged homes were equity-rich in 21 percent (1,861) of the 8,865 zip codes with sufficient data to analyze.

The zip codes with the highest rates of equity-rich properties were 59047 in Livingston, MT (94.8 percent); 57201 in Watertown, SD (92.3 percent); 57783 in Spearfish, SD (90.4 percent); 57702 in Rapid City, SD (88.8 percent); and 49855 in Marquette, MI (87.9 percent).

Conclusion
The Q2 2026 U.S. Home Equity and Underwater Report found that the nation’s share of equity-rich homes continued to shrink to 41.1 percent, near a five-year low. The nationwide rate of seriously underwater homes stayed level quarter-over-quarter, but has risen consistently over the last year.

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 160+ 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 in 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 delivers AI-driven property intelligence built on one of the nation’s most trusted property data assets, covering 160+ million U.S. properties—99% of the population. Our engineered, multi-sourced real estate data spans property tax, deeds, mortgages, foreclosure, environmental risk, property conditions, natural hazards, neighborhood insights, and geospatial boundaries, rigorously validated for advanced analytics. ATTOM supports analytics and AI-driven applications through flexible delivery options including APIs, bulk licensing, cloud delivery, and the MCP Server for AI-powered, agentic access to engineered property data—enabling organizations to automate analysis and scale property intelligence across industries.

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

Data and Report Licensing:
datareports@attomdata.com

 

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Global Wisdom, Shared Future: Inaugural Global Energy Storage Colloquium Held in Xiamen

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XIAMEN, China, Nov. 13, 2026 /PRNewswire/ — The inaugural Global Energy Storage Colloquium was held in Xiamen under the theme “Frontiers in Dialogue•Powering Tomorrow’s Storage.” Hosted by HiTHIUM and co-organized by the Energy Storage Application Branch of China Industrial Association of Power Sources (CESA), the colloquium brought together leading international experts, scholars, and industry representatives. Participants discussed battery materials, energy storage technologies, power electronics, system applications and industrial innovation.

As energy storage develops toward longer durations, diverse technologies, larger capacity and greater system integration, the industry faces scientific and technical challenges involving battery materials, lifetime mechanisms, safety limits and power system integration. The colloquium provided a platform for experts to exchange views on these topics and explore how fundamental research and international collaboration can support continued innovation.

Participants came from Imperial College London, the University of Cambridge, Tsinghua University, Xiamen University, Huazhong University of Science and Technology, City University of Hong Kong and other institutions. Maochun Hong, Academician of the Chinese Academy of Sciences from the Fujian Institute of Research on the Structure of Matter, attended the event. Clare Grey, Dame Commander of the Order of the British Empire, Professor of Chemistry, University of Cambridge; Tim Green, Fellow of the Royal Academy of Engineering and Professor at Imperial College London; Shigang Sun, Academician of the Chinese Academy of Sciences and Professor at Xiamen University; Yong Yang, Distinguished Professor at Xiamen University; and Chongqing Kang, Professor at Tsinghua University served as co-chairs. Yunhui Huang, Professor at Huazhong University of Science and Technology served as chief advisor.

Jeff Wu, Founder and Chairman of HiTHIUM; Yong Liu, Vice Chair of CESA; and Kate Harrisson, His Majesty’s Trade Commissioner for China and Hong Kong, delivered remarks at the Colloquium.

According to Jeff Wu, energy storage is a systemic technology spanning multiple disciplines and sectors, and that its development depends on breakthroughs in fundamental research and international collaboration. He said HiTHIUM hopes to build on the colloquium to expand cooperation with leading universities and research institutions worldwide, deepen engagement between academia and industry, and help translate research into practical contributions. The company will continue supporting the colloquium as a lasting platform for exchange and collaboration.

Academic sessions covered battery mechanisms and characterization, degradation and lifetime prediction for grid-scale lithium-ion batteries, power system stability with high penetration of inverter-based resources, and the development of virtual power plants. Experts also discussed real-time, non-destructive battery testing, early warning of thermal runaway, energy storage opportunities at distribution transformer areas, and revenue streams from electricity market participation.

The three-day colloquium also included thematic sessions on energy storage materials and batteries, power and grids, systems and applications. Scholars visited HiTHIUM’s smart factory in Xiamen to learn about advanced manufacturing and industrial practices in China’s energy storage sector.

HiTHIUM looks forward to working with partners worldwide to advance energy storage technology and the industry’s development, supporting the global energy transition and a clean, sustainable future.

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SOURCE HiTHIUM

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Guangdong and Papua New Guinea: Taking roots across the Pacific

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GUANGZHOU, China, Nov. 13, 2026 /PRNewswire/ — A news report from South:

Few places on Earth feel as wild as Papua New Guinea. Spread across more than 600 islands, the Pacific nation is home to extraordinary cultural and biological diversity. But some of what comes from its waters is now travelling much further—all the way to dinner tables in China.

For local seafood exporter Tony Lan, China has transformed the scale of his business. His company buys wild-caught mud crabs from local fishermen before flying them to Chinese cities including Guangzhou.

“We used to sell a few hundred kilos a week to the local market,” Lan said. “But once we started exporting crabs to China, business just exploded. Now we’re moving 20 to 30 tons a week.”

The impact has spread beyond the company itself. Lan said families involved in the crab trade have been able to build better homes and buy televisions and generators.

But the connections between Papua New Guinea and Guangdong go far beyond seafood.

In Port Moresby, 21-year-old Maureen works as a receptionist for a Chinese company. Finding work is far from guaranteed. “A lot of degree holders, they don’t have jobs,” she said. “But you see me, I don’t have a degree, but I have a job.”

Her story leads back to Butuka Academy, the school she graduated from. Built with support from Shenzhen under its sister-city relationship with Port Moresby, the academy now accommodates around 3,000 students. Maureen says the computer skills she learned there—including Microsoft applications, web skills and Excel—are the same ones she now uses at work.

Another connection has taken root in soil.

Juncao, a grass-based agricultural technology developed in China, was introduced to Papua New Guinea in the 1990s. Initially used for mushroom cultivation, it has since found applications ranging from livestock feed to fibers and bioenergy. Over three decades, the technology has spread to more than 9,000 farming households, benefiting around 30,000 people.

For Georgina, whose family was among the early adopters, Juncao has shaped both family life and career. After struggling to find a job for two years, she returned to mushroom farming and helped local farmers find markets. That experience eventually led to her current work with a Shenzhen company exploring new uses for the grass.

“I want everyone to know about Juncao, the benefits of it,” she said. “It’s part of me.”

For National Capital District Governor Powes Parkop, such exchanges are part of Papua New Guinea’s wider development journey.

“Being a rural-based, traditional economy, now trying to become a modern economy, we can only learn from China,” Parkop said. He also stressed the importance of APEC for smaller economies, saying PNG does not always have the means to engage with economies across the Pacific individually, “and we have the opportunity at APEC.”

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SOURCE South

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Longsys and Lexar Showcase Industrial, Automotive and Edge AI Storage at electronica 2026

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MUNICH, Nov. 13, 2026 /PRNewswire/ — Longsys (301308.SZ/09976.HK) and its International high-end consumer storage brand Lexar are exhibiting at electronica 2026 in Munich, Germany, from November 10 to 13. Under the theme “Integrated Storage Empowering Edge AI,” Longsys is launching an industrial-grade wide-temperature mSSD and showcasing automotive storage and Edge AI solutions for industrial equipment, intelligent vehicles and smart devices.

Industrial Wide-Temperature mSSD

The new XP2390Mi industrial-grade wide temperature mSSD targets demanding edge applications such as industrial AI inspection, edge control, outdoor devices and embodied robotics. Supporting -40°C to 85°C and featuring PCIe Gen4×4 and NVMe 2.0, it offers 128GB to 1TB capacities, with sequential read/write speeds of up to 7,400/6,200MB/s.

Its SiP (System-in-Package) design integrates the controller, NAND flash and passive components in one package, reducing board-level solder joints and associated failure risks. It features IP57-rated dust and water resistance, shock and vibration resistance, anti-sulfuration protection, firmware-level power-loss protection and security features. The 1TB version delivers an endurance rating of 600–800 TBW. The product offers optional thermal management extensions and M.2 form factors, including 2230, 2242 and 2280, providing customers with greater flexibility for different device space and mechanical integration requirements.

Automotive Storage for Intelligent Vehicles

Longsys presents automotive-grade UFS, eMMC and LPDDR, as well as industrial/automotive-grade SPI NAND Flash. UFS 4.1 features Wisemem’s self-developed 5nm WM7400 controller, delivering sequential read/write speeds of up to 4,200/4,000MB/s and capacities from 128GB to 512GB. The portfolio supports in-vehicle systems, data logging and future onboard AI applications.

Longsys’ automotive storage capabilities are supported by AEC-Q100 reliability qualification, in-house packaging and testing, and collaboration with more than 20 chipset platforms, 20 automakers and 60 Tier 1 suppliers. Lexar is showcasing dashcam USB drives, memory cards and industrial-grade SD/microSD cards for sustained in-vehicle recording, including sentry-mode use.

Storage and Memory for Edge AI

For AI PCs, AI Boxes and other edge AI devices, Longsys is demonstrating an AMD-platform AI host powered by XP2380MA AISSD™ and AIDIMM™. The AISSD combines a 128GB Static SLC tier for demanding AI workloads with a 512GB/1.5TB QLC tier for models, applications and general data. With the iSA™ Storage Agent, it enables on-demand MoE expert loading and SSD-based data orchestration, helping extend model deployment beyond limited DRAM/VRAM capacity. AIDIMM, based on LPDDR5x, provides a 256-bit interface and bandwidth of up to 307.2GB/s.

Other highlights include AILPBGA™, a high-bandwidth embedded memory solution; HLCache™ UFS, co-optimized with Allwinner to improve multitasking on memory-constrained devices; and UFS 4.1 with iSA, adapted for Qualcomm’s 6th-generation Snapdragon 8 Super Edition platform. At the Snapdragon Summit, the solution powered local end-to-end inference for a 30B-parameter MoE assistant.

From industrial and automotive applications to AI computing at the edge, Longsys continues to advance integrated storage through product innovation and platform collaboration.

About Longsys

Founded in 1999, Longsys (301308.SZ/09976.HK) is a globally leading branded semiconductor memory enterprise, integrating R&D, design, packaging and testing, manufacturing, and sales services. For more information please visit https://www.longsys.com/, and follow Longsys on LinkedIn and Facebook .

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