Household Real Estate Percent Equity Holds at Historic Lows Friday

June 10th, 2011
in contributors

by Prometheus Market Insight

The Federal Reserve released the Flow of Funds for the first quarter of 2011 yesterday. Although household net worth has rebounded slightly off of the 2009 low, household real estate percent equity continues to hold near historic lows below 40% as a result of the housing market implosion.

Follow up:

About one third of all households have no mortgage debt, so the more than 50 million households that do have a mortgage are well below the 38% equity level and nearly 11 million households have negative equity. These figures, while staggering, are exactly as anticipated in the wake of the most speculative bubble in US residential real estate history.

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved