Insurance, Kentucky Insurance

Home Equity Hits New Low

“The Federal Reserve on Thursday announced that, in 2007, American ownership in their homes as measured by equity fell below 50 percent for the first time since records were first kept in 1945.

During the 2nd quarter of 2007 the central bank reported that homeowners’ equity slipped to a downwardly revised 49.6 percent and slipped further to 47.9 percent in the fourth quarter. This was the third straight quarter that equity was under 50 percent.”… Home equity

Call Dick Watts Insurance 502-245-3625 for a free homeowners insurance quote

“RE/MAX Real Estate’s remax.com Web site hopped into second place among the most popular real estate industry Web sites in February, up from its fourth-place ranking in January, Web metrics company Hitwise reported Friday, and real estate marketing company HomeGain bumped from second place in January to fifth place in February…..” Real Estate

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