The Real Deal New York

Rising prices produce big home equity rebound

About 4 million homeowners lifted out of negative equity in rising market
By Kenneth R. Harney | April 14, 2014 04:30PM

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]