Conversely, price growth generally supports equity accumulation, with faster appreciation leading to larger amounts of equity creation. (housingviews.com)
Conversely, price growth generally supports equity accumulation, with faster appreciation leading to larger amounts of equity creation. (housingviews.com)
However, home owners who bought at the top of the market or who took out large amounts of equity with a refinance and who now need to sell because of divorce or job transfer may also find themselves upside down, owing more than the home is currently worth when closing costs are factored in. (realtormag.realtor.org)