Home >> Tag Archives: Home Equity (page 6)

Tag Archives: Home Equity

Lack of Equity to Blame for Low Existing Home Sales

According to Mark Fleming, chief economist at First American, the biggest takeaway is that the housing market, particularly the existing homes sector, is drastically underperforming. The impetus for this underperformance, he said, is an overall lack of buyer equity throughout the nation.

Read More »

Negative Equity Rate Approaches Single Digits in Q3 2014

According to CoreLogic's latest estimates, an additional 273,000 U.S. homes recovered to a positive equity position in Q3, bringing the total number of mortgaged homes with equity to approximately 44.6 million—about 90 percent of all mortgaged properties in the nation.

Read More »

U.S. Negative Equity Rate Drops to 16.9%

In a report released this week, property data company Zillow estimated that 8.7 million homeowners living in the nation's top housing markets were underwater on their mortgage as of the end of the third quarter, putting the country's negative equity rate at 16.9 percent. The U.S. underwater rate peaked at 31.4 percent in 2012's first quarter.

Read More »