91.5% of Homes in the US have Positive Equity

CoreLogic’s latest Equity Report revealed that one million borrowers regained equity in their homes in 2015. The outlook for 2016 remains positive as well, as an additional 850,000 properties would regain equity if home prices rose another 5% this year.  The study also revealed: 95% of homes … [Read more...]

Owners Have More Equity Than They Realize

Home owners are increasingly optimistic about gaining equity in their homes this year, but they’re still conservative on how much they’ve truly gained. Forty-six percent of home owners with a mortgage say they believe they’ll see their equity increase in 2016, and the majority expect to see … [Read more...]

Equity Matters A LOT… Just Ask Freddie Mac

There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest … [Read more...]

The Importance of Home Equity to a Family

There has been much written about how dramatically home values have increased over the last several years. With the increase in values, comes an increase in the equity each home owning family now has. The Joint Center of Housing Studies at Harvard University recently reported that, after taking … [Read more...]

Home Equity: You May Have More Than You Think

CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of … [Read more...]