Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Black Knight: U.S. Home Equity in Q3 Saw Largest Drop Since 2009

U.S. homeowners with mortgaged properties collectively lost about $1.3 trillion in home equity in the third quarter due to a dip in home prices, according to Black Knight.

“In the span of just three months, U.S. mortgage holders saw a total of $1.3 trillion in newly acquired equity evaporate,” says Ben Graboske, president of Black Knight’s data and analytics division, in the firm’s most recent Mortgage Monitor report. “That is – by far –

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