Thursday, December 12, 2019

CoreLogic: 2 Million Homes with Negative Equity in Q3 2019

From CoreLogic: CoreLogic Reports 78,000 Single-Family Properties Regained Equity in the Third Quarter of 2019 CoreLogic® ... today released the Home Equity Report for the third quarter of 2019. The report shows that U.S. homeowners with mortgages (which account for roughly 64% of all properties) have seen their equity increase by 5.1% year over year, representing a gain of nearly $457 billion since the third quarter of 2018. ... From the second quarter of 2019 to the third quarter of 2019, the total number of mortgaged homes in negative equity decreased by 4% to 2 million homes or 3.7% of......(read more)
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