The Home Equity Catastrophe: Owner’s Equity in Real Estate Down 55.7%

12-16-2010 • Ritholtz.com

These two charts paint a devastating picture of the US housing market. Its not just that the market value of US residential real estate fell about $6.2 trillion dollars (versus Case Shiller’s 33%) peak to trough fall; the uglier number is the owners equity RE: It is off 55.7% over the same period.

1 Comments in Response to The Home Equity Catastrophe: Owner’s Equity in Real Estate Down 55.7%

Comment by GrandPoobah

Entered on: 12/16/2010 5:59:54 PM

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