The Fereal Reserve condicts substantial research on mortgage balances and home-value changes in hundreds of local markets nationwide and reports its findings quarterly. According to the Fed’s most recent flow of funds survey, homeowners’ net equity increased by nearly $1 trillion compared with the recession’s lowest point between the first and third quarters of 2009. From June 30 to September 30, net equity rose by $418 billion.
According to a report by Zillow.com, the overall negative equity rate among U. S. homeowners remained flat in the fourth quarter at 21.4 percent. This report, combined with other housing factors and studies, may indicate the reduction in home equity is shifting.