The Real Deal New York

Behind the home equity boom

Gains in housing prices, mortgage debt pay-downs help lift many homeowners out of negative equity

July 18, 2014 10:30AM
By Kenneth Harney

house-up-arrowFINALFrom the July issue: For most homeowners, their property is their biggest asset.

It can’t be tracked online or checked in monthly statements sent by a bank. But it’s still crucially important for their personal financial well-being. And their property is also a vital component of their retirement planning. [more]