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【World Property Journal】U.S. Homes With Mortgages See First Annual Equity Losses Since 2012

【World Property Journal】U.S. Homes With Mortgages See First Annual Equity Losses Since 2012

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Based on CoreLogic's latest Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease by 0.7% year over year, representing a collective loss of $108.4 billion, and an average loss of $5,400 per borrower since the first quarter of 2022.

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