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TH E M R EP O RT | 55 AROUND THE U.S. ANALYTICS Texas 98.0 2.1 Alaska 97.6 2.4 Hawaii 97.6 2.4 Montana 97.3 2.7 Colorado 97.1 2.9 Utah 96.5 3.5 Washington 96.5 3.5 Oregon 96.4 3.6 North Dakota 96.0 4.0 District of Columbia 95.7 4.3 Indiana 95.7 4.3 New York 95.4 4.6 Kansas 94.6 5.4 Nebraska 94.3 5.8 Oklahoma 94.2 5.8 Kentucky 94.2 5.8 Idaho 94.0 6.0 Minnesota 93.9 6.1 Iowa 93.8 6.3 Pennsylvania 93.7 6.3 North Carolina 93.6 6.4 Tennessee 93.5 6.5 California 93.3 6.7 Missouri 93.2 6.8 South Carolina 92.9 7.1 Alabama 92.5 7.6 Massachusetts 92.4 7.6 New Mexico 91.6 8.4 Arkansas 91.2 8.8 Virginia 91.0 9.1 Wisconsin 90.9 9.1 Delaware 90.6 9.4 New Hampshire 90.3 9.7 Georgia 90.3 9.7 Michigan 89.1 10.9 Connecticut 88.9 11.1 New Jersey 88.4 11.6 Ohio 86.9 13.1 Maryland 86.9 13.1 Rhode Island 86.5 13.5 Arizona 86.0 14.0 Illinois 85.4 14.6 Florida 82.9 17.1 Nevada 81.4 18.7 *Louisiana, Maine, Mississippi, South Dakota, Vermont, West Virginia, and Wyoming have insufficient data to report. Source: CoreLogic's "Equity Report" Q4 2015 EQUITY PERCENTAGE NEGATIVE EQUITY PERCENTAGE The Rising Tide of Positive Equity H UD Secretary Julián Castro recently said homeownership is "still an important tool to build wealth in our country and pass that wealth on." Based on CoreLogic's most recent Equity report, which covered Q 4 2015 and year-over-year numbers, a lot of wealth is being built in America through homeownership. In Q 4 2015, the aggregate amount of home equity increased over-the-year by $682 billion, or 11.5 percent, marking the 13th consecutive quarter of double-digit growth, according to the analysis. During 2015, approximately 1 million borrowers in the country regained equity in their homes, bringing the total of homes nationwide that have positive equity up to approximately 46.3 million (or 91.5 percent of homes with a mortgage). "The number of homeowners with more than 20 percent equity is rising rapidly," said Anand Nallathambi, president and CEO of CoreLogic. "Higher prices driven largely by tight supply are certainly a big reason for the rise, but continued population growth, house - hold formation and ultralow interest rates are also factors. Looking ahead in 2016, we expect home equity levels to continue to build, which is a good thing for the long-term health of the U.S. economy." SHARE BY STATE* (Q4 2015)