Houston boasts the nation’s healthiest mortgage market, according to new numbers from CoreLogic.
The Houston area’s housing market is the healthiest in the nation, according to the latest Equity Report from CoreLogic.
Cover housing data through 2013’s fourth quarter, CoreLogic found that an amazing 96.2 percent of Houston’s mortgaged properties are in positive equity, – meaning that just 3.8 percent of all mortgaged properties in the Bayou City are in negative equity; both stats are the best in the nation, and to make matters even better, only 1.6 percent of mortgaged properties are near negative equity.
How does Houston’s glowing market, though, compare to the rest of the nation? Our graphic below summarizes some of the main findings from CoreLogic’s report.