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CoreLogic Reports the Negative Equity Share Fell to 4.1% in the First Quarter of 2019

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The average homeowner gained $6,400 in home equity between the first quarter of 2018 and the first quarter of 2019. From the fourth quarter of 2018 to the first quarter of 2019, the total number of mortgaged homes in negative equity decreased 1% to 2.2 million homes or 4.1% of all mortgaged properties.

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CoreLogic Reports the Negative Equity Share Fell to 4.1% in the First Quarter of 2019: CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the first quarter of 2019. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity.

The report said mortgaged properties in negative equity during the first quarter fell by 11%, or by 268,000 homes, from 2.5 million homes, or 4.7% of all mortgaged properties, a year ago. "A moderation in home-price growth has reduced the gains in home-equity wealth and will likely slow the growth in home-improvement spending in the coming year.

As the market has improved over the past decade, this share dropped to 4.1% in the first quarter of 2019. A strong economy and an increase in total home equity helped to reduce the negative equity.

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Total home equity reached a record of $15.8 trillion at the end of the first quarter of 2019, up from $6.1 trillion in the first quarter of 2009. key data Trends The percent of homes with negative equity went from 25.9% in the first quarter of 2010 to 4.1% in the first quarter of 2019.

Likewise, cyclical market forces caused National Beef to report negative EBITDA for the first time since we acquired it in December 2011. Despite these poor results that weighed on our earnings, 2015 did produce successes and growth trends that are promising, especially.

CoreLogic Reports the Negative Equity Share Fell to 4.1% in the First Quarter of 2019. properties in negative equity during the first quarter 2019 fell 11%, or by 268,000 homes, from 2.5.

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