how is home equity determined: Home Equity: You May Have More Than You Think - 10/07/15 02:57 AM
CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties(approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported:
 
“For much of the country, the negative equity epidemic is lifting. The biggest reason for this improvement has been the relentless rise in home prices over the past three years which reflects increasing money flows into housing and a lack of housing stock in many markets.”
Obviously, this is great news for the financial situation of many homeowners.
But, do they realize their equity … (1 comments)

 
Kristine Dugan, ABR, CRS, e-PRO (LUXE Estates & Lifestyles)

Kristine Dugan

ABR, CRS, e-PRO

Las Vegas, NV

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LUXE Estates & Lifestyles

Address: 26435 Carmel Rancho Blvd, Carmel, CA, 93923

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My blog consists of a variety of useful information pertaining to real estate news and information I come across during my working days! My intention is to educate you on all of your real estate options and choices when it comes to investing in the Monterey County Real Estate Market. As your consultant, I provide you with "news so you can choose" rather than "tell you so I can sell you." Please feel free to review my real estate background, interview me and ask questions to establish that my team and I are the right fit for your short- and long-term real estate goals. Sharing Your Goals, Kristine Dugan, ABR, CRS, ePro Team Beesley | Keller Williams Coastal Estates


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