CoreLogic: US Homeowners See Equity Gains Drop by More Than 5 Percent in Q3
December 07, 2024
December 07, 2024
IRVINE, California, Dec. 7 (TNSres) -- CoreLogic, a property, mortgage and consumer information provider, issued the following news release:
* * *
* The rate of equity growth dropped from 8% to 2.5% from the second to third quarter.
* Total homeowner equity for borrowers with a mortgage reached $17.5 trillion in third quarter.
* For the third quarter of 2024, the average U.S. homeowner gained approximately $5,700 in equity during the past year. . . .
* * *
* The rate of equity growth dropped from 8% to 2.5% from the second to third quarter.
* Total homeowner equity for borrowers with a mortgage reached $17.5 trillion in third quarter.
* For the third quarter of 2024, the average U.S. homeowner gained approximately $5,700 in equity during the past year. . . .