Usowski added, «In 2012, homeowners» equity grew by more than $ 1.64 trillion and
rising home values lifted 1.7 million of them back above water.
Not exact matches
Rising home values have
lifted more borrowers out of the hole of owing more than their properties are worth, an encouraging sign for an economy still closely tied to the health of the housing market.
«Since the majority of families in America are homeowners, a
rise in
home value certainly
lifts their confidence, which in turn helps the economy as people feel more comfortable spending money.
Rising home values have brought homeowner equity to its highest level since the third quarter of 2008 and helped
lift 1.3 million families above water.
«Foreclosure starts and completions are down significantly from one year ago; and since January 2012,
rising home values have
lifted 2.4 million homeowners back above water.