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2013-12-20 16:30:27
Home Equity 2013

Home Equity 2013 Chart

Economists' Outlook reports on the amount of equity homeowners have at the end of 2013 based on what year they purchased their homes. Those who purchased homes at the height of our market, in 2006 and 2007, still have negative equity. As the market is improving the gap is getting smaller and those who purchased homes in 2006 and 2007 are nearly in positive equity.

 

Those who purchased a home in 2004 with a mortgage and was able to hold the home for the last 9 years will have an equity amount of $28,114.

 

Economists forcast that those who purchased in 2012 with a mortgage will have more than $23,000 in equity at the end of 2013.

 

With the continuing growth of the market, 2014 will further help homeowners who are under water to come into positive equity on their home.

 

 

 
Blog Archive
2014-09-04 16:44:32
Housing Conditions Improve

2014-08-14 14:27:41
Environmental Changes and Real Estate

2014-06-20 13:07:06
MAY REPORTS SHOW MAJOR LACK IN CONFIDENCE

2014-04-11 17:07:42
Q1 2014 Mortgage Origination

2014-04-04 16:08:40
Job Losses in the Recession

2014-03-07 15:20:03
The Effect of Student Loans on Housing Recovery

2014-02-21 14:51:51
Foreclosure and Delinquency Rates DOWN!

2014-01-30 16:27:10
December Existing-Home Sales

2014-01-17 14:36:01
Housing Shortage

2014-01-03 13:51:24
November Construction Hits Highest Since 2009

2013-12-20 16:30:27
Home Equity 2013

2013-12-13 14:30:43
New Home Purchases Decrease

2013-12-06 16:57:51
Consumer Sentiment


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