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Home Equity Spikes

Home Equity Spikes

| Sep 11, 2013 | Housing Market

According to CoreLogic’s second-quarter home Equity report, an additional 2.5 million residential properties came out of the water during the second quarter. Data has stated that 41.5 million residential properties are now in a state of positive Equity. Mark Fleming, Chief Economist at CoreLogic said, “Equity rebuilding continued in the second quarter of this year as the share of underwater Mortgage homes fell to 14.5%.” Additionally, 7.1 million American homeowners are still struggling to achieve Equity. More here

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