Browsing Posts In: Equity

September 26, 2014 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

CoreLogic reported Thursday that the number of underwater homes, properties worth less than what is owed on them, fell from 6.3 million to 5.3 million between the 1st and 2nd quarters of 2014. This change is large and important for the health of the housing market. The decline in negative equity reduces the number of […]

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September 19, 2014 Posted by: Danielle Hale, Director of Housing Statistics

Homeowner Equity as a Share of the Value of Real Estate could normalize by late 2015 – early 2018. After 2 years of gains exceeding 5% per quarter, growth in household owners’ equity rose by a much more modest $177 billion (1.7 percent) from last quarter to a level of $10.8 trillion.  This is up […]

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June 9, 2014 Posted by: Ken Fears, Manager, Regional Economics and Housing Finance Policy

The median home price increased nearly 21% over the two-year period ending in the first quarter of 2014. Price gains were particularly strong in markets that experienced a sharp downturn during the recession, including markets in Arizona, California, and Nevada. Homeowners who purchased in advance of this change benefited greatly. For a homeowner who purchased […]

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April 1, 2014 Posted by: Lawrence Yun, Chief Economist

In just a short two years, the nation’s property owners have accumulated nearly $4 trillion in housing wealth.  During the harsh downturn, $7 trillion was wiped out.  As a result, the housing market is still in recovery mode and not an expansion mode.  There are still underwater homeowners, but those who bought from 2009 and […]

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Posted by: Lawrence Yun, Chief Economist

In just a short two years, the nation’s property owners have accumulated nearly $4 trillion in housing wealth.  During the harsh downturn, $7 trillion was wiped out.  As a result, the housing market is still in recovery mode and not an expansion mode.  There are still underwater homeowners, but those who bought from 2009 and […]

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December 20, 2013 Posted by: scott

With the end of 2013 closing in, it is time to take stock of the impact from the strong 2013 housing market. Home price growth was robust in 2013 compared to 2012 and is currently forecast by NAR Research to finish the year 11.3% stronger. This improvement is important for the market as it has […]

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September 27, 2013 Posted by: scott

Housing equity rose 30% or more than $2 trillion over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to second quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt outstanding fell by slightly less than $200 billion while the market value of household real estate […]

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June 10, 2013 Posted by: scott

Housing equity rose nearly 30%, or nearly $2 trillion, over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to first quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt outstanding fell by $200 billion while the market value of household real estate surged 11 percent, […]

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July 13, 2012 Posted by: scott

For many people the home is the most valuable asset they have. However, accessing the equity can be very difficult unless you sell your home. Equity release mortgages, sometimes called reverse mortgages, are mortgages that allow you to access the equity in your home without selling it. It works similar to a home equity loan […]

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April 6, 2012 Posted by: scott

Based on the latest Corelogic report on negative equity, 11.1 million, or 22.8 percent, of all residential properties with a mortgage were in negative equity at the end of the fourth quarter of 2011. Of the total of about 48.718 million mortgages, roughly 10 percent have a loan-to-value (LTV) ratio of 125 percent or more […]

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