How much value has your home lost? Maybe more than you think
On the other hand, homeowners in some markets are still seeing home values rise
Maybe you have no intention of selling your home anytime soon so a decline in home prices is not a big concern. At the same time, the equity in your home probably makes up a big piece of your net worth.
The good news? The decline in home values has slowed from the summer months. But the bad news is that homeowners nationwide lost $1.3 trillion in home equity in the third quarter of this year, according to a report by Black Knight, a property data firm. It’s the largest q...
