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CoreLogic: Nearly 1 million houses float back into positive equity

CoreLogic: 1 million borrowers regained equity last year. – CoreLogic: Nearly 1 million houses float back into positive equity Cynthia Barraza was a reporter for HousingWire. Before joining the company in January 2016, she worked at a talk radio station as.

CoreLogic Reports Home Equity Gains Topped $1 Trillion in the First Quarter of 2018. homeowners back into positive equity the primary driver of home equity wealth creation," said Dr. Frank.

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Between the third quarter of 2014 and the same period in 2015, Americans’ home equity holdings grew by nearly .3 trillion. analytics firm corelogic. roughly 92 percent of all American homes with.

CoreLogic has released new analysis showing nearly 273,000 U.S. homes returned to positive equity in the third quarter of 2014, bringing the total number of mortgaged residential properties with equity to approximately 44.6 million, or 90 percent of all mortgaged properties.

During the financial crisis of 2008-11, millions of American owners fell into negative equity. 13% of all homes with a mortgage – that is down from 7.2 million (nearly 15%) as recently as the end.

Rising home prices are helping to propel more home owners back into positive equity. About 850,000 residential properties returned to positive equity during the first quarter of 2013, according to new data released by CoreLogic. That brings the total to 1.7 million borrowers who have regained positive equity in the past year.

Additionally, 384,000 borrowers moved out of negative equity, increasing the percentage of homes with positive equity to 93.7 percent of all mortgaged properties, or approximately 47.9 million homes. Year over year, home equity grew by $726 billion, representing an increase of 10.8 percent in Q3 2016 compared with Q3 2015.

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During the financial crisis of 2008-11, millions of American owners fell into negative equity. of all homes with a mortgage — that is down from 7.2 million (nearly 15 percent) as recently as the.