Americans' Equity In Their Homes Near A Record Low

WASHINGTON (AP) -- Falling real estate prices are eating away at home equity. The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down from 61 percent a decade ago....

BING NEWS:
  • Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale
    Another source told TechCrunch that equity holders “got zero’d” so “founders, employees and VCs” will get “nothing” from the sale. The identity of the source, who asked to remain anonymous, has been ...
    01/22/2025 - 5:05 pm | View Link
  • Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion
    After a turbulent few years for proptech, Divvy Homes announced Wednesday that it is selling to a division of Brookfield Properties for about $1 billion.
    01/22/2025 - 8:43 am | View Link
  • Rising Home Equity Keeps People In Place, Exploding Remodeling Tech
    More homeowners are staying in their homes longer, building remodeling demand, and the demand for new technology that can eliminate the classic pain of remodeling.
    01/21/2025 - 7:08 am | View Link
  • Home Equity Hits $11.2 Trillion: What Smart Homeowners Are Doing Now
    Americans are staying put and renovating their homes instead of moving due to record-high mortgage rates. Learn how homeowners are tapping into $11.2 trillion of available equity to upgrade their ...
    01/20/2025 - 2:55 am | View Link
  • A basic guide to home equity for first-time buyers
    One of the most common arguments for home ownership is the ability to build equity. Here’s why financial experts revere it. If you’re starting to think about buying your first place but don’t know the ...
    01/20/2025 - 2:32 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News