US home equity has reached $35 trillion. It’s a blessing and a curse by Chris Clow for HousingWire
HousingWireHousingWire Home equity levels among U.S. homeowners is at record levels, having hit $35 trillion, according to Federal Reserve data. But with this added wealth on paper, those holding it aren’t necessarily feeling more financially secure. This is due to the upward march of property taxes, persistently high interest rates…
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