Sunday, 25 September 2022 | The Latest Buzz for the Appraisal Industry

CoreLogic: U.S. Homeowners Have Gained a Collective $3.8 Trillion in Equity in the Past Year

As of the end of the first quarter, U.S. homeowners had gained a collective $3.8 trillion in equity compared with the first quarter of 2021, according to CoreLogic’s Homeowner Equity Report (HER).

What’s more, the share of homeowners in negative equity fell to a new low, decreasing year over year by 23%.

U.S. homeowners with mortgages account for roughly 62% of all properties, CoreLogic estimates. These homeowners have seen their combined equity increase by

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