Home Equity Is Skyrocketing; Here's Why People Aren't Tapping It

Date: 
Thursday, September 27, 2018
News Source: 
Forbes
Image: 
Short Content: 
Americans now have more home equity than ever. According to recent data, homeowners are sitting on more than $6 trillion in tappable equity—an increase of $636 billion just this year. Compare that to six years ago, when equity bottomed out, and tappable equity has jumped 300% since 2012.
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