LA homeowners’ $760B in real estate equity is tops in nation: report

Los Angeles and Orange County homeowners collectively have $760 billion in real estate equity, tops in the nation. With median-priced homes remaining out of reach. for average-earning residents in the U.S., residents in those two counties that can afford high-priced homes collectively own $760 billion in “tappable equity,” according to a study by real estate analyst Black Knight, as reported by Curbed. That $750 billion number comes despite a $40-billion drop since last summer, according […]

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