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Posts Tagged ‘impending doom’

Real estate numbers that astound

In Commentary on 10 March 2008 tagged business, impending doom, real estate with no comments

Here’s an astounding statistic: 10% of homeowners have no equity at all in their homes. Click on the link to read about some of the implications of that number.

In related news, aggregate home debt exceeds home equity for the first time since 1945.