with all the doom and gloom, ‘sky is falling’ propaganda circulating about on tv (usually around 6pm and 10pm), local and national rags, and the internet i’m compelled to bring a little ‘half-full’ perspective to the table. looking at this chart provided by Dept Of Numbers blog you’ll find that we are NOT on the edge of a cliff, white-knuckled holding onto a branch for dear life. in fact, 1/3 of all households in the good ol’ USofA have no mortgage at all. and, of those that do have a mortgage, the average outstanding loan balance is 69% (in other words most home owner’s that carry a mortgage have more than 20% equity in their homes). betcha won’t find THAT on the six o’clock news!