CoreLogic: 1.7 Million Homes with Negative Equity in Q2 2020

From CoreLogic: Home Equity Rises Despite the Pandemic: CoreLogic Reports Homeowners Gained Over $620 Billion in Equity in Q2 2020 CoreLogic® ... today released the Home Equity Report for the second 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 6.6% year over year. This represents a collective equity gain of $620 billion, and an average gain of $9,800 per homeowner, since the second quarter of 2019. Despite a cool off in April, home-purchase activity remained strong in the second quarter of ......(read more)

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