Current homeowners' assets in real estate totalled $19.914 trillion in the fourth quarter of 2012, down $5.085 trillion or 20.3 percent from its peak of $24.999 trillion in the third quarter of 2006.In addition, to further help you put the current situation into perspective showing us that all is still not well four years on, here is a graph showing the percentage of residential properties in various states that were in the unenviable state of negative equity in Q3 2012:
Wednesday, June 05, 2013
Washington's Ongoing Housing Market Bailout
http://viableopposition.blogspot.ca/2013/06/washingtons-ongoing-housing-market.html
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