Green Escrow Services, Inc

The Latest in Paperless Technology

  • Home
  • About Us
  • Find Us
  • Services
    • Real Estate Sales
      • What is Title Insurance?
      • Why Do You Need Title Insurance?
      • 21 Reasons for Title Insurance
    • Business Opportunity Escrow Check List
    • Bulk Sales & Liquor License Transfers
      • Liquor License Escrow
      • Liquor License Transfer / Business Opportunity Check List
  • Meet Our Experts
  • Order Form
  • Why Use Green Escrow?
    • How Is Green Escrow Different?
  • Resources
    • How the Escrow Process Works
    • East Bay Professionals
  • Blog
  • Customer Services
    • Useful Websites
    • Property Transfer Tax Rates
      • Additional Communities – Los Angeles
    • Profiles and Farms
You are here: Home / Industry News / 91% of Homes Have Equity

91% of Homes Have Equity

September 21, 2015 By Geoffrey Disch Leave a Comment

A recent report by CoreLogic states that the total of residential mortgages that are currently lower than their property’s value is approximately 45.9 million or about 91 percent of all mortgaged properties. CoreLogic is predicting that home prices will rise an additional 4.7 percent over the next year will mean another 800,000 home owners will regain positive equity by July 2016.

Analysts agree that sharply rising prices over the past three years, coupled with low housing stock, is primarily responsible for the improved equity percentages.

While 91 percent is an impressive percentage it does mean that the number of homes with negative equity is still high at 4.4 million. According to the report, 95 percent of homes valued at more than $200,000 have equity, compared with 87 percent of homes with a value less than $200,000.

Texas, Alaska, Hawaii, Montana and Colorado are the states with the highest percentage of mortgaged properties in positive equity.

Share

Filed Under: Industry News Tagged With: positive equity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search our site…

Mortgage Calculator

Loan CalculatorMortgage Calculator
Mortgage CalculatorMortgage CalculatorLoan CalculatorLoan Calculator

$

%

years

%

$ per year

$ per year

%




$

years

%



Our clients say...

“In my 30 years of doing business with escrow and title companies, my experience with Green Escrow is among the best and is at the highest level. Anytime I have the opportunity to suggest a service provider for title and escrow, I passionately recommend Green Escrow… they are responsive, intelligent and great professionals to have representing my clients and me. Thank you!”
by Glenna Nickerson, Sierra Pacific Mortgage

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

Real Estate & Business Information
Follow Us on FacebookFollow Us on LinkedInFollow Us on Yelp

Copyright © 2022 · Site by Last Laugh Creative