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Chart of the Day: Tremendous Equity

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer May 30, 2023
38.7% in green represents people who own their home, 31.9% are mortgaged homes with more than 50% equity, 29.4% in blue represents mortgages homes with less that 50% equity

Contents

Today’s Chart of the Day shows that a combined 68% of Americans have paid off their mortgage or have at least 50% in equity. If there is a “downturn” in the real estate market, it will not look like ones in the past.
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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