【World Property Journal】The Average U.S. Homeowner Gained $7,300 of Equity in 2019
【World Property Journal】The Average U.S. Homeowner Gained $7,300 of Equity in 2019
2020.03.16
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CoreLogic is reporting this week that U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 5.4% year over year, representing a gain of nearly $489 billion since the fourth quarter of 2018.
CoreLogic's latest Home Equity Report for the fourth quarter of 2019 is also reporting that the average U.S. homeowner gained $7,300 in home equity between the fourth quarter of 2018 and the fourth quarter of 2019. States with the largest gains include Idaho, where homeowners gained an average of $18,700; Wyoming, where homeowners gained an average of $17,900 and Arizona, where homeowners gained an average of $14,800.
