Home Equity Reported to Be Lowest Since WWII

MSNBC reported that owners home equity nation wide is at its lowest levels in decades. Many bought homes when the market was at a peak and now owe more than they can get for their home. Others took out home equity lines increasing the debt owed over what the home was worth. As the market cycles hopefully many have learned that a home can be a source of great appreciation and equity unless abused. It's important to stay on top of trends and plan well.