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’
NegativeFinancial Markets

The average American homeowner has seen a significant drop in home equity, losing about $9,200 over the past year. While this isn't a market collapse, experts like Leo Pond from Four Seasons Sotheby’s suggest that the rapid increase in home values has leveled off, indicating a long-term market correction. This matters because it reflects broader economic trends and could impact homeowners' financial decisions moving forward.
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