FORT LAUDERDALE, Fla. — Homeowners in South Florida are still seeing a return on their property, even as the housing market continues to cool down.
About 63% of properties with a mortgage in South Florida are considered “equity rich,” in the third quarter of this year, according to a report from ATTOM Data, a provider of nationwide property data.
It’s an uptick from the previous quarter, where about 59.8% of properties were considered “equity rich.”
