American Homeowners Lose $9,200 In Equity As Rising Interest Rates Cool Housing Market, But $17.5 Trillion Cushion Signals Reset Not Collapse
Benzinga·2025-09-18 18:12
American homeowners saw their equity dip by an average of 141 Billion Amid Rising RatesHome equity, the difference between what a homeowner owes and what their property is worth, fell 0.8% year-over-year to $17.5 trillion in the second quarter, according to housing data firm Cotality, as reported by The Fortune. The number of homes with negative ...