Rising home prices have contributed to improvements in home equity, the largest source of wealth for many Americans, according to CoreLogic’s Equity Report for the third quarter.
- Equity is the largest source of wealth for many Americans, and rising home prices are leading to improvements in this arena.
- The average loan-to-value ratio for all mortgaged homes is now 57 percent.
- Five widespread states together accounted for almost 30 percent of all negative equity in the country.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018