National household wealth and debt metrics

Healthy Households

US household wealth reached $89.1 trillion in 16Q2, the third straight record setting quarter. Wealth cyclically peaked in 07Q2 at $67.7 trillion, and then declined through 09Q1, bottoming at $54.4 trillion. Relatedly, the 16Q2 US household debt service ratio, the ratio of total required household debt payments to total disposable income, remains at 10%, near an all-time low and down dramatically from 13% in 07Q4. Collectively, households look quite good.

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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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