Sentences with phrase «equity during the housing crisis»

Millions of homeowners lost equity during the housing crisis that began in late 2007.

«Despite this upward trend over the past five years, the massive loss of home equity during the housing crisis forced many homeowners to stay in their homes longer before selling, effectively disrupting the historical domino effect of move - up buyers that feeds both demand for new homes and supply of inventory for first - time homebuyers,» Blomquist says.

Not exact matches

The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property).

«This recent rise in HELOC originations indicates that an increasing number of homeowners are gaining confidence in the strength of the housing recovery and, more importantly, have regained much of their home equity lost during the housing crisis,» said Daren Blomquist.