Wednesday, September 21, 2022

5 Cities Where Homeowners Are Now Losing Equity

Serious homeowner
Pranithan Chorruangsak / Shutterstock.com

The signs of a cooling housing market suddenly are everywhere. And as the real estate market weakens, tappable home equity is disappearing. Nationwide, tappable equity — which is defined as the amount of cash a homeowner can borrow against their home while maintaining a 20% equity stake — hit its 10th consecutive record high in the second quarter of this year, at $11.5 trillion...



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