Equity-rich homeowners are 'sitting pretty' amid sky high real estate prices
Sky high real estate prices have made a growing number of homeowners "equity rich," according to a report on home equity. That means they have at least 50% equity in their property, or put another way, that the amount they owe on the home is no more than half of the property's market value. [Source]
Publication Date:Origin: cnn.com
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Topics: equity, prices, estate, homeowners, value, market, property's, amount, another, property, least, means, report, according, "equity, number, growing, pretty', 'sitting, Equity-rich
Source: https://www.cnn.com/2022/02/03/success/us-housing-market-equity/index.html