Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

The Average Homeowner Gained $60k in Equity YoY

Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a single quarter.  According to CoreLogic’s Homeowner Equity Report, homeowners with mortgages (which is about 63% of all properties) saw equity increase by 27.8% year-over-year, roughly representing $60,200, …

The post The Average Homeowner Gained $60k in Equity YoY appeared first on theMReport.com.

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