Home Equity Jumps to $726 Billion

Additionally, 384,000 borrowers moved out of negative equity, increasing the percentage of homes with positive equity to 93.7 percent of all mortgaged properties, or approximately 47.9 million homes. Year over year, home equity grew by $726 billion, representing an increase of 10.8 percent in Q3 2016 compared with Q3 2015.

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Home equity has increased by $227 billion in the third quarter of 2016-a jump of 3.1 percent over Q2, according to recent data from CoreLogic. Year over year, equity rose by a total of $726.

Home equity has grown by $726 billion since last year, which is a 10.8 percent increase in Q3 compared to Q3 2015. The number of underwater mortgaged homes, or those with with negative equity, was.

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Why I Hate HELOCS (Home Equity Lines of Credit) CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages (63 percent of all homeowners) saw their equity increase by $227 billion in the third quarter from the previous quarter, an increase of 3.1 percent.Year over year, home equity grew by $726 billion, an increase of 10.8 percent.

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Home Equity Jumps to $726 Billion The national aggregate value of negative equity was about $282 billion at the end of Q3 2016, decreasing approximately $2.1 billion, or 0.8 percent, from $284 billion in Q2 2016, and decreasing.. This feature is not available right now. Please try again later.

CoreLogic is also reporting that home equity grew by $726 billion from the third quarter of 2015 to this year’s third quarter, a 10.8 percent spike. Mortgaged residential properties with negative equity stood at 3.2 million, or 6.3 percent of all homes with a mortgage, down by 10.7 percent quarter-over-quarter and a 24.1 percent year-over.

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Year-over-year, equity has grown 10.8 percent, or by $726 billion-a figure that equals $12,500 per home. "Home equity rose by $12,500 for the average homeowner over the last four quarters.