Everything's Bigger in Texas, Even the Real Estate Equity

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Everything's Bigger in Texas, Even the Real Estate Equity

Dec, 20th 2016

The run-up in Texas home prices has put money in the pockets of the state's homeowners.

Texas has the highest percentage of homes with positive equity, according to a new study by CoreLogic. Only 1.6 percent of the state's homeowners with a loan owe more money than their property is worth.

The home equity position is even stronger in the Dallas area, where 1.5 percent of homeowners with loans are underwater in their mortgage. That works out to about 11,314 properties.

The Dallas area and Houston are tied as the country's housing markets with the second-highest share of home equity. Only in San Francisco — where only .6 percent of homeowners are upside down in their loan — has...

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