Booming real estate market creating massive well for homeowners. According to a report issued by CoreLogic, in the fourth quarter of 2021 41.9% of all mortgaged residential properties in the United States were designated as equity-rich. The designation indicates that...
Year-over-year, US homeowner equity increased by over $1.5 trillion since the fourth quarter of 2019. This represents a 16.2% increase from the prior period. The increase in homeowner equity affected approximately 62% of all US properties. Across the country, home...
The most recent home equity report coming from CoreLogic indicates that for the third quarter 2020, U.S. homeowners increased in homeowner equity by $1 trillion. This is the highest amount ever recorded. Approximately 63% of all properties found equity to increase by...
National Homeowner Equity In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity during the past year. Montana had the highest year-over-year average increase at $28,900. Negative Equity Falls In the second quarter of 2020, the...
The Mortgage Bankers Association reported that credit in August is the tightest in more than six years. This is the result of the concern over a weak economy prompted by the lenders’ decision to tighten up their lending standards. The Mortgage Credit...
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