The owner of the ordinary American home lost $ 9,200 in home stocks during the past year. It is not a collapse

Buying a house that allows people to build justice And wealth over time by paying the mortgage payments that reduce the loan manager and increase the owner’s share at home until they are directly owned. Usually, real estate, which adds to the wealth of the owner of the house. In fact, having a house during the past few years has been particularly profitable House prices have increased in Special.

But since the federal reserve wandered the interest rates strongly in 2023, the estimate of home prices was also Flat In all parts of the United States, the owner of the ordinary American home lost about $ 9,200 in stocks during the past year, according to the data of the Cotality Company (previously known as Corelogic).

“The growth of household stocks from a period of explosive gains in the years surrounding 2022, to a plateau,” Leo BondReal estate consultant with Four Seasons Sotheby International RialiHe said luck. He explained that the transition is driven by a set of slowdown in prices, high borrowing costs, and imbalance.

“This is not a collapse, but it digests the market for several years of sustainable growth,” he said. “It is a long -term market correction.”

However, the owner of the average American home still has about $ 307,000 of accumulated home stocks, according to Cotality. This is the third highest registered number, according to the chief economist in Kotalis Salma Hip.

“Even in the markets in which the recent decrease in the average stock, such as the province of Colombia and Florida, borrowers have decreased by average of approximately $ 350,000 and $ 290,000 in stocks, respectively,” Selma said in a statement. House prices in Washington, DC and Florida, decreased more, a decrease of $ 34,000 and $ 32,000, respectively.

“Not refusing 9200 dollars, money is money (but) compared to the six -numbers stocks that many home owners still keep, it does not seem 9200 dollars great,” Jul GarciaReal estate agent with Coldwell Banker and ArburgHe said luck. “It is certain that it is more interested in the homeowners who bought in Market Peaks, witnessing declines in the local market more clearly, and they have urgency for sale.”

“A small shave over the whole hair head”

Zoom, the total property of the home for the borrowers, with a real estate mortgage, amounted to $ 17.5 trillion in Q2 2025, a decrease of 0.8 % or 141.5 billion dollars on an annual basis, according to Cotality. Meanwhile, the number of houses with “negative arrows”, which means when a home owners owe his mortgage more than the current market value of its house, by 18 % on an annual basis to 1.15 million homes.

“Although this is a worrying number, it is not the level of panic yet,” said Garcia. “It is a great warning sign, but there are still many local markets that show stability.”

To put it in the right quorum, many home owners added GOBS from money to their shares at home during the epidemic.

“Many families have added much more than they were during the epidemic, and therefore this amendment is a moderate correction and not a crisis,” Bond said. “For the majority of owners who have healthy levels to the loan, this is a small haircut at the top of a very full hair head.”

However, it is always important to continue to follow the house estimate – especially in the event that the home owner looks to sell.

“The prices of homes this year have witnessed the slowest growth rate since the 2008 major financial crisis,” he said. “With the decrease in the pace of estimate, seasonal fluctuations in home prices will have a clear impact on stock changes.”

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