Home Equity Up; Negative Equity Down

Two recent reports show equity-rich properties have increased strongly this year, while the number of properties with negative equity continue to fall.

September Home Price Reports: Your Results May Vary

CoreLogic, Irvine, Calif., said September home price growth slowed nationally to 3.5% from a year ago and to 0.4% from August. However, a separate report from Black Knight, Jacksonville, Fla., said September national home price appreciation saw its largest single-month increase in nearly two years.

California Wildfires Put $2 Trillion in Housing at Risk

The winds have died down, somewhat, in California, and the past week’s wildfires are ebbing. But two reports suggest after the totals are tallied up, as much as $2 trillion in housing in four heavily populated counties are at serious risk.