Homes with Equity Rising in the West and South

From AZBigMedia:

Biggest improvement in equity-rich share of homes across western and southern states

The West and South had 13 of the 15 states where the equity-rich share of mortgaged homes rose most from the third quarter of 2021 to the fourth quarter of 2021. States with the biggest increases were Tennessee, where the portion of mortgaged homes considered equity-rich rose from 41.4 percent in the third quarter of 2021 to 47.2 percent in the fourth quarter of 2021, North Carolina (up from 38.6 percent to 44.2 percent), Nevada (up from 44.9 percent to 49.8 percent), Georgia (up from 35.3 percent to 40.1 percent) and Arizona (up from 53.2 percent to 57.6 percent).