Tag Archives: Borrower equity

As home prices continue to reach new highs, the amount of equity homeowners gained in one quarter was more than $3 trillion.

While the overall rise in equity marks another positive step forward for the housing market, it's undercut by the fact that nearly 9 million homes are "under-equitied," meaning the properties have less than 20 percent equity. Out of that group, 1.3 million have less than 5 percent equity, putting them just barely above water.