Dallas within top markets for high home equity Dallas within top markets for high home equity https://www.recenter.tamu.edu/news/newstalk-texas/?Item=79272013-03-19T13:01:00Z2013-03-19T00:00:00Z

DALLAS - With housing values rising in North Texas, Dallas area homeowners now have one of the best home equity positions in the country, according to a new report by CoreLogic Inc. 

The Dallas area at the end of 2012 had the third highest share of homeowners with mortgages who had positive equity in their homes, with 89.6 percent of local homeowners owed less than their houses are now worth.

Only Nassau-Suffolk, N.Y., and the Houston area had higher percentages of homeowner equity.

In North Texas, median home sales prices were up 8 percent in 2012 compared with 2011, according to data collected by real estate agents’ multiple listing services.

Below is a chart representing the top five home equity markets in the nation.

Top Home Equity Markets
Nassau-Suffolk, N.Y. 90.1%
Houston area 90%
Dallas area 89.6%
Philadelphia, Pa. 89.4%
New York area, N.Y. 88.1%

Read more at the Dallas Morning News.

Dallas Morning News
Dallas-Fort Worth-Arlington
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