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634
AD
2025 Dec 12, 12:07pm
AD
2025 Dec 12, 12:07pm
https://www.cnbc.com/2025/12/12/homeowners-losing-equity-weakening-prices.html
• Borrower equity fell 2.1% in Q3 2025 compared with a year earlier, translating to an average loss of $13,400 per homeowner.
• Collectively, U.S. homeowners lost $373.8 billion in equity, though overall mortgage‑backed housing equity still stands at $17.1 trillion.
• The number of homes in negative equity (worth less than the mortgage) rose 21% year‑over‑year to 1.2 million, especially among recent buyers with high rates and minimal down payments.
• Markets like Boston, Chicago, and New York City still saw equity gains, while Los Angeles, San Francisco, Washington D.C., Miami, and Houston posted the steepest losses.
• Analysts warn that the future performance of highly leveraged loans depends on economic and labor market strength, as affordability challenges continue to pressure housing.
• Borrower equity fell 2.1% in Q3 2025 compared with a year earlier, translating to an average loss of $13,400 per homeowner.
• Collectively, U.S. homeowners lost $373.8 billion in equity, though overall mortgage‑backed housing equity still stands at $17.1 trillion.
• The number of homes in negative equity (worth less than the mortgage) rose 21% year‑over‑year to 1.2 million, especially among recent buyers with high rates and minimal down payments.
• Markets like Boston, Chicago, and New York City still saw equity gains, while Los Angeles, San Francisco, Washington D.C., Miami, and Houston posted the steepest losses.
• Analysts warn that the future performance of highly leveraged loans depends on economic and labor market strength, as affordability challenges continue to pressure housing.
635
MolotovCocktail
2025 Dec 12, 12:16pm
MolotovCocktail
2025 Dec 12, 12:16pm
AD says
Sure. Because the first stat is mark-market and the second is not, I bet.
Collectively, U.S. homeowners lost $373.8 billion in equity, though overall mortgage‑backed housing equity still stands at $17.1 trillion.
Sure. Because the first stat is mark-market and the second is not, I bet.
636
MolotovCocktail
2025 Dec 12, 12:19pm
MolotovCocktail
2025 Dec 12, 12:19pm
AD says
Hahaha...that's the closest they will come to saying, "Bitch, house prices HAVE to fall."
Analysts warn that the future performance of highly leveraged loans depends on economic and labor market strength, as affordability challenges continue to pressure housing.
Hahaha...that's the closest they will come to saying, "Bitch, house prices HAVE to fall."
« First « Previous Comments 634 - 636 of 636 Search these comments
So the only way to decrease real prices is to decrease demand, and the only way to do that is to kick out all illegal immigrants and anchor babies. Will Trump do this? Almost certainly not. Even with control over all three branches of the government, the Republicans are not going to get rid of all the illegals who are driving up housing prices and social welfare costs. I wish that I was wrong about this, but I'm not.
The United States population reached 200 million on November 20, 1967. If there was no net migration, then the U.S. population have stabilized to about 220 million. Instead, the population is 335 million. This is why housing is so expensive. This is why rent is so damn high. This is why the younger generations cannot afford to have children. This is why the only way to keep the population from falling is to import massive numbers of unskilled, uneducated, and often criminal immigrants. Both parties are responsible for this: democrats for importing voters and republicans for importing farm laborers. Both parties want cheap labor.
When you import massive numbers of low-iq, low-skill workers, your per capital GDP declines relative to where it would have been otherwise. Yes, technological advancements mask this because technology increases GDP faster than low-skill immigration decreases it, but most of those gains don't get seen by the middle class.
Since both parties, and their corporate overlords, are benefiting from the current system, immigration will continue and housing prices will also continue to rise. I suppose I shouldn't care since I own and have a 2.25% mortgage that is being eaten away by inflation, but anyone young enough that they having bought already is fucked.