The median home price in the United States is about 15% higher than it was a year ago. While this is bad news for would-be homeowners, it also means that existing homeowners have a massive amount of equity in their homes. In this Fool Live video clip, recorded on June 29, Millionacres editor Deidre Woollard and senior real estate analyst Matt Frankel, CFP, discuss what this could mean for consumer spending and the U.S. economy.