Home Equity Up by $726 Billion

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CoreLogic reports home equity increased 6 billion in the Third Quarter Compared With a Year Ago – Average Annual Gain in "Home Equity Wealth" Reaches $12,500 Per Home –

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U.S. homeowners with mortgages (roughly 63% of all homeowners) saw their equity increase. $227 billion in the third quarter – an increase of 3.1% compared with the second quarter, according to.

CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages (63 percent of all homeowners) saw their equity increase by $227 billion in the third quarter from the previous quarter, an increase of 3.1 percent.Year over year, home equity grew by $726 billion, an increase of 10.8 percent.

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CoreLogic Reports Home Equity Increased $726 billion in the Third Quarter Compared With a Year Ago – Average Annual Gain in "Home Equity Wealth" Reaches $12,500 Per Home –

Year over year, home equity grew by $726 billion, representing an increase of 10.8 percent in Q3 2016 compared with Q3 2015. In Q3 2016, the total number of mortgaged residential properties with negative equity stood at 3.2 million, or 6.3 percent of all homes with a mortgage.

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