The Boom in the Real Estate Market Since 2010

There is currently about 45 trillion dollars of US home owner equity right now it surged tremendously over the past 30 years and then mortgage debt outstanding has kind of held steady since 2008. Those with under a 660 credit score have gotten completely shut out of the housing market boom since 2003. The American government believes home ownership is one of the key paths to building more wealth for the average American.