Posts Tagged ‘value’

Homeowner Equity On the Rise

Posted on June 15, 2017 by Laura Lam

Homeowner equity increased significantly in the first quarter of 2017, according to the Q1 2017 home equity analysis from¬†CoreLogic.¬† Homeowners with a mortgage, about 63% of all homeowners, saw their equity increase by 11.2% for a total of $766.4 billion since the first quarter last year. The average homeowner gained about $13,400 in equity over the last year. The total number of mortgaged residential properties with negative equity decreased 3% from the fourth quarter to 3.1 million homes, or 6.1% of all mortgaged properties. This is a drop of 24% from 4.1 million homes in the first quarter last year….

What is $100 Really Worth?

Posted on August 21, 2014 by Saldutti

Alright, so people living in rural Tennessee generally don’t have too much to hold over the heads of New Yorkers. But when it comes to how far their money goes, people in the supposed “flyover” states have a heck of a lot more going for them than people in those snobby urban hubs. According to an analysis conducted by The Tax Foundation, an independent tax policy think tank in Washington DC, the buying power of $100 varies by as much as 25% throughout the United States. The worst bang for your buck in the country: The nation’s capital, Washington, DC…