Owner’s Equity in Real Estate Down 55.7%
Posted By Barry Ritholtz On December 16, 2010 @ 12:30 pm In Real Estate | Comments Disabled
These two charts paint a devastating picture of the US housing market.
Its not just that the market value of US residential real estate fell about $6.2 trillion dollars (versus Case Shiller’s 33%) peak to trough fall; the uglier number is the owners equity RE: It is off 55.7% over the same period.
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Market Value US Residential Real Estate
click for bigger graphs
[1]
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Owner’s Equity, US Residential Real Estate
[2]
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All charts via The Chart Store [3]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/12/equity-re-down-557/
URLs in this post:
[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/12/12-10-10-Flow-of-Funds-HH-RE.gif
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/12/12-10-10-Flow-of-Funds-Owners-equity-RE-.gif
[3] The Chart Store : http://www.thechartstore.com
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