The average American homeowner lost $9,200 in home equity during the last year. It’s not a collapse but a ‘long-term market correction’
via blog.sterlingfoundations.com
Short excerpt below. Read at the original source.
Owning a home is considered one of the best and most financially savvy a person can make—if you can afford it. After all, it’s the largest asset class in the largest financial market in the world, and the 30-year mortgage is a unique American invention that (theoretically) invites everyone into the American Dream of homeownership. […]