The Federal Reserve reported that the net worth of our country’s households is up to $48.5 trillion in assets after debt, as of December 2004 increasing $2 trillion from the 3 months before.
After mortgage debt homes in the U.S. are worth a net $9.7 trillion, 13% more than last year.
The increase is due to the Stock market successes, real estate prices, pension fund reserves and Treasury securities.
