Friday, June 26, 2015

Current Home Equity Report


Real Estate Equity Report

The good news is that Home Owner's Equity is rising and the number of homes that are under water is decreasing.

Some Highlights:
  • 85% of homes valued under $200,000 have equity
  • 94% of homes valued over $200,000 have equity
  • 10.2% of homes with a mortgage are currently underwater (Down 0.6% from 4Q 2014)
  • 19.4% of Homes with a mortgage have less that 20% equity. (Down 0.6% from 4Q 2014)

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