• Fed's Flow of Funds: Household Net Worth increased in Q3

    7 days ago - By Calculated Risk

    The Federal Reserve released the Q3 2017 Flow of Funds report today: Flow of Funds .
    According to the Fed, household net worth increased in Q3 2017 compared to Q2 2017:
    The net worth of households and nonprofits rose to $96.9 trillion during the third quarter of 2017. The value of directly and indirectly held corporate equities increased $1.1 trillion and the value of real estate increased $0.4 trillion. The Fed estimated that the value of household real estate increased to $24.2 trillion in Q3. The value of household real estate is now above the bubble peak in early 2006 - but not...
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  • CoreLogic: "2.5 million Homes still in negative equity" at end of Q3 2017

    CoreLogic: "2.5 million Homes still in negative equity" at end of Q3 2017

    8 days ago - By Calculated Risk

    From CoreLogic: CoreLogic Reports Homeowner Equity Increased by Almost $871 Billion in Q3 2017
    CoreLogic®... today released its Q3 2017 home equity analysis which shows that U.S. homeowners with mortgages have collectively seen their equity increase 11.8 percent year over year, representing a gain of $870.6 billion since Q3 2016.
    Additionally, homeowners gained an average of $14,888 in home equity between Q3 2016 and Q3 2017. Western states led the increase, while no state experienced a decrease. Washington homeowners gaining an average of approximately $40,000 in home equity and...
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