household wealth Archive

Feeling Blue with Record High Wealth

The net worth of all households reached a record high early this year, according to the Federal Reserve.  Measuring everything we own minus everything we owe, the net worth reached $81.7 trillion.  That’s on average of $259,000 per person...

Housing Wealth Recovery

In just a short two years, the nation’s property owners have accumulated nearly $4 trillion in housing wealth.  During the harsh downturn, $7 trillion was wiped out.  As a result, the housing market is still in recovery mode and...

Household Net Worth

The net worth of households and non-profits is now more than $5 trillion above its pre-recession peak at $74.8 trillion in the second quarter of 2013 according to data from the Federal Reserve Flow of Funds. This level indicates...

Homeowner Equity

Housing equity rose 30% or more than $2 trillion over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to second quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt...

Household Net Worth

The net worth of households and non-profits has recovered completely from the recession and reached a new peak of over $70 trillion in the first quarter of 2013 according to data from the Federal Reserve Flow of Funds. During...