Home equity vs mortgage debt is about to flip back to the good side.
Of course, this is on a net basis, so a lot of people are still underwater – 6.3 million according to one estimate (13% of mortgages).
This map is missing a proper label for the legend (sigh) but it is apparently “concentration of underwater mortgages”.
Zillow has a similar interactive analysis that let’s you zoom in, if you want to see how your region is doing:
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