Take two things for certain. First, there’s never been nor ever will be a housing bubble without a corresponding bubble in mortgage credit. Second, no matter who may yap about credit being too easy (usually complainers about the federal role in mortgages), stick with the Fed’s quarterly accounting of U.S. financial flows, Z-1.
An incoming tide raises all ships
New York has high percentage of homes in ZIPs with “very low” offender index
The market has experienced double digit growth for 13 consecutive quarters
Two reports suggest that how homeowners feel about tapping into their equity may depend on how the financial crisis affected them
Appraised home values in SF are nearly $45,000 higher than homeowner perceptions
The funds can be used to repay debt, make property repairs and more
Be careful: Reverses have a place, but it’s a far narrower window than the usual
About 92 percent of mortgaged properties regained equity in the third quarter, while the number of underwater homes is falling
Company adds 37 million records to its home equity data solutions
Although home price gains are climbing out of their rut, RealtyTrac says all signs point to a market plateau
Interactive heat maps showing markets with most equity rich homeowners and most seriously underwater homeowners
Daren Blomquist discusses findings from the firm's Q3 underwater homes report
Owners with a mortgage have an average of $120,000 in 'tappable' equity
How this market segment continues to impact inventory, rentals, refis and more