The Real Deal New York

Rising prices produce big home equity rebound

About 4 million homeowners lifted out of negative equity in rising market

April 14, 2014 04:30PM
By Kenneth R. Harney

From the April issue: The economy may be growing at a frustratingly slow pace, but one piece is booming: homeowners’ equity holdings — the market value of their houses minus mortgage debts — soared last year to $10 trillion, an increase of nearly $2.1 trillion. [more]

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