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Homeowners equity jumps 20 percent after a years-long slump
2013 Jan 5, 12:23am 599 views 0 comments
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After hitting a low of $6.45 trillion in the final three months of 2011, Americans' combined home equity jumped nearly $1.3 trillion during the next nine months, to $7.71 trillion — a 20 percent gain — according to the “flow of funds” quarterly estimate released in December by the Federal Reserve.
http://www.washingtonpost.com/realestate/homeowners-equity-jumps-20-percent-after-a-years-long-slump/2013/01/03/a857ba8e-54fb-11e2-bf3e-76c0a789346f_story.html