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These are the 10 major housing markets that just saw the biggest declines in home equity

These are the 10 major housing markets that just saw the biggest declines in home equity

As home prices soared in recent years, homeowners enjoyed record levels of tappable home equity, which is the amount of money a homeowner can borrow against while keeping a 20% equity stake. One big reason why tappable equity is down is, of course, that home prices are down.