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More U.S. Homes Ended 2014 with Equity
March 19, 2015
According to a report by CoreLogic, 89 percent – roughly 44.5 million – of U.S. properties had equity by the end of the fourth quarter of 2014, Realtor Mag reports.
The majority of properties with equity are concentrated in the upper-tier market, with 94 percent of homes valued at more than $200,000 having equity compared with 84 percent of homes valued less than $200,000.
Texas, Alaska, and Montana were the states with the most positive home equity, while Nevada, Florida, and Arizona have the highest number of properties in negative equity.
More like this
- One Million Homes Regained Positive Equity in 2015
- Equity Factors Into The Decision To Buy Or Rent
- CoreLogic reports 22.8 percent of mortgages in negative equity
- Loan Product Allows Buyers To Trade Future Equity For Down Payment Help
- CoreLogic study finds homeowners regain $1 trillion in equity last year
Comments on: "More U.S. Homes Ended 2014 with Equity"
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