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Homeowners Negative Equity Report 2nd Quarter 2019

By
Industry Observer CDRE #01044712

On September 20, 2019, Molly Boesel of CoreLogic reported that nationwide homeowners negative equity dropped to 3.8% for mortgaged homes, and 201,000 borrowers gained equity enough move to positive equity in the 2nd quarter of 2019, from the 2nd quarter of 2018. The value of homeowners' equity rose 4.8% close to $427.0 billion at the end of 2nd quarter of 2019, from the 2nd quarter of 2018.

State of Nevada’s had the highest homeowners' negative equity decrease of 1.9% in the 2nd quarter of 2019 from the 2nd quarter of 2018.

For complete more detailed information about Molly Boesel of CoreLogic homeowners' negative equity report for the 2nd quarter of 2019, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

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Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Thanks for some great information!!!

Nationwide homeowners negative equity dropped to 3.8% for mortgaged homes, and 201,000 borrowers gained equity enough move to positive equity in the 2nd quarter of 2019, from the 2nd quarter of 2018. The value of homeowners' equity rose 4.8% close to $427.0 billion at the end of 2nd quarter of 2019, from the 2nd quarter of 2018.

Sep 21, 2019 02:15 PM
John Pusa
Glendale, CA

You are welcome Sham Reddy CRS glad you find the report very useful. Thanks for the comment.

Sep 21, 2019 02:20 PM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Sep 21, 2019 04:11 PM
Abby Stiller
TOP SELLING REALTY - Cape Coral, FL
SW Florida (239) 284-8637

Thanks for sharing this report John Pusa Anybody out there thinking of buying or selling a home should be calling you, the expert in Glendale, CA.

Sep 21, 2019 05:13 PM
John Pusa
Glendale, CA

You are welcome Sally Crane glad you find the report very helpful. All the best to you list and sell many properties in your area too. Thanks for the comment.

Sep 21, 2019 07:34 PM
John Pusa
Glendale, CA

You are welcome Abby Stiller glad you find the report very valuable. Thank you for the recommendation. Have a great weekend! Thanks for the comment.

Sep 21, 2019 07:36 PM