article thumbnail

Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta.