Number of U.S. Homeowners With Tappable Equity Climbs to All-Time High
More than half of the country’s tappable home equity is concentrated is its 10 largest metro areas. Eight of the 10 U.S. housing markets with the most home equity are located in coastal areas, and four are in California. In fact, the Golden State is responsible for 40 percent of the nation’s tappable equity.
Strong price appreciation has increased the amount of equity that homeowners can borrow against, with California accounting for a significant share of the nation's equity. Get the latest numbers at http://pacunion.us/2t1V3ho