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Homeowners Negative Equity Report 3rd Quarter 2018

By
Industry Observer CDRE #01044712

On December 06, 2018, Molly Boesel of CoreLogic reported that nationwide homeowners negative equity dropped to 4.1% for mortgaged homes, and 81,000 borrowers gained equity enough move to positive equity in the 3rd quarter of 2018, from the 3rd quarter of 2017. The value of homeowners' equity rose 9.4% close to $775.0 billion at the end of 3rd quarter of 2018, from the 3rd quarter of 2017.

State of Nevada’s had the highest homeowners' negative equity decrease of 4.3% in the 3rd quarter of 2018 from from the 3rd quarter of 2017.

For complete more detailed information about Molly Boesel of CoreLogic homeowners' negative equity report for the 3rd quarter of 2018, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Dec 08, 2018 01:53 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

No homeowner wants to hear of negative equity in their homes but it happens. Thanks for sharing your report.

Dec 08, 2018 04:40 AM
John Pusa
Glendale, CA

You are welcome Gita Bantwal glad you find the report very useful. Thanks for the comment.

Dec 08, 2018 01:43 PM
John Pusa
Glendale, CA

You are welcome Bob Ratliff  very true, homeowners don't like to know negative equity in their homes. Thanks for the comment.

Dec 08, 2018 01:46 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John Pusa,  Interesting chart they have on there, glad I did not see Colorado on it, but now has be wondering.

 

Dec 09, 2018 09:26 AM
John Pusa
Glendale, CA

Hello Will Hamm I agree, an interesting report, and Colorado is not on the list. Thanks for the comment.

Dec 09, 2018 09:34 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

this is lovely news for homeowners everywhere - it is sad when people have to give up their homes and see nothing for three or five or ten years of ownership

Dec 12, 2018 06:41 PM
John Pusa
Glendale, CA

Very true Lise Howe it is good news for homeowners everywhere. However, it is sad that when homeowners lose homes to foreclosures. Thanks for the comment.

Dec 12, 2018 08:14 PM