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‘House-rich’ Americans are sitting on nearly $30 trillion in home equity.

November 5, 2023
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ROD HELM
Category: Housing Market

by Jessica Dickler, September 7, 2023

Many Americans are house-rich, at least on paper.

Thanks to skyrocketing, house prices homeowners are now sitting on nearly $30 trillion in home equity, according to the St. Louis Federal Reserve— just shy of the 2022 peak.

Click here to learn more about home equity!

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