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Mortgage Equity Withdrawals Surge Amid Record Housing Wealth

Pro Builder

Mortgage Equity Withdrawals Surge Amid Record Housing Wealth. Net equity extractions are on the rise as home prices keep climbing, but homeowners could soon slow their borrowing activity due to higher mortgage rates. For Q1 2022, the Net Equity Extraction was $131 billion, or 2.87% of Disposable Personal Income (DPI).

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Private equity giant buys United Living

Construction Enquirer

Private equity giant Apollo has struck a deal to acquire United Living Group. Joanna Reiss, Partner and Co-Head of Impact at Apollo said: “United Living is a proven provider with an exceptional reputation for quality and reliability that has a profound impact on affordable housing residents and their broader communities. “As

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Home Equity Jumps, Relieving Properties from Negative Equity

Pro Builder

Home Equity Jumps, Relieving Properties from Negative Equity. The change in home equity comes from the insatiable demand for homes and record low mortgage rates, according to CNBC. annual increase in equity for homeowners with a mortgage. annual increase in equity for homeowners with a mortgage. cbroderick.

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London private equity firm launches bid for Sureserve

Construction Enquirer

London-based private equity group Cap10 has launched a £214m takeover bid for housing maintenance contractor Surveserve. The bid, which is being recommended by the housing maintenance firm’s board, is at a 39% premium to yesterday’s closing share price of 90p, which gave Sureserve a market capitalisation of £145m.

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Mortgage Equity Withdrawal Increased Sharply in Q4 2021

Pro Builder

Mortgage Equity Withdrawal Increased Sharply in Q4 2021. trillion from the housing bubble peak, but higher mortgage rates in 2022 could change that. trillion from the peak during the housing bubble, but, as a percent of GDP is at 48.9% - down from Q2 - and down from a peak of 73.3% of GDP during the housing bubble.

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What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

What Distinguishes Today’s Housing Slump From the 2008 Collapse? With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Thu, 09/08/2022 - 09:42.

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Homeowners Are Pocketing Over $6 Trillion in Equity Post-Pandemic

Pro Builder

Homeowners Are Pocketing Over $6 Trillion in Equity Post-Pandemic. Record housing appreciation is helping some homeowners build substantial wealth, while would-be buyers are priced out on the opposite end of the housing market. . As housing appreciates at a record pace across the U.S., Mon, 05/02/2022 - 10:49.

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