CoreLogic: 1.8 Million Homes with Negative Equity in Q1 2020

From CoreLogic: CoreLogic Reports Borrowers Gained Over $6 Trillion in Home Equity Since the End of The Great Recession CoreLogic® ... today released the Home Equity Report for the first quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 6.5% year over year, representing a gain of $590 billion since the first quarter of 2019. In the latter half of the first quarter of 2020, the coronavirus (COVID-19) began to spread across the country, with immediate economic impact not fully realized until the......(read more)

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