The "Home ATM" Mostly Closed in Q4
Calculated Risk Real Estate
MARCH 13, 2025
From CoreLogic last week: CoreLogic: Borrowers Gained Over $280B in Home Equity in 2024 Quarter-over-quarter, the total number of mortgage residential properties with negative equity increased by 9.3% Note the almost 7 years of declining mortgage debt as distressed sales (foreclosures and short sales) wiped out a significant amount of debt.
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