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Chart for article 'Are American Homeowners Back to Positive Equity? (No) - the Big Picture'
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Are American Homeowners Back to Positive Equity? (No) - the Big Picture

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Are American Homeowners Back to Positive Equity? (No) - the Big Picture

American Homeowners Are Finally Returning to Positive Equity Source: Economist     Here is a fascinating albeit somewhat confusing chart: Total US residential equity relative to total mortgage debt. The problem, even misleading part about the chart is some 30% of homes are bought with no mortgage — straight up cash deals.   Continues here

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