About 20 percent of all properties with a mortgage – or 11.3 million — are now considered “equity rich,” with home owners who have at least 50 percent positive equity in their properties. The number has been steadily climbing, up from 9.1 million a year ago, according to RealtyTrac’s U.S. Home Equity & Underwater Report for the fourth quarter of 2014.
The ‘Equity Rich’ Home Owner Is Back – RealtyTrac
Housing starts still seeking new normal – Seattle Times
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Graph Image Source: RealtyTrac