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)
No comments:
Post a Comment