The Housing Wire (10/6, Hilley) reported that the data indicate home "equity jumped $406 billion, or 5.9%, to $7.28 trillion in the second quarter. The number of underwater borrowers has declined by 11% since the end of last year, from 12.1 million in the fourth quarter of 2011 to 10.8 million in the second quarter." Existing home sales continued to rise, as did home prices.
PD&R Edge Archives
Research & Publications
Accessibility of America’s Housing Stock: Analysis of the 2011 American Housing Survey (AHS)
Examination of Alternative FHA Mortgage Insurance Programs for Financing Single-Family Rental and Small Multifamily Rental Properties
Cityscape Volume 17, Number 1