Top Str Agent

Elmer G. Martinez
Elmer Goodwin Martinez at Goodwin Real Estate
650-520-8784

Looking to Buy, Sell or Invest?

Let's connect and personalize the process today. Start by filling in this short form:

I'm interested in:

Buying
Selling
Investing
Your message has been sent. Thank you!

Homeowners See 12-Month Equity Gain of $64K

Rising home prices keep pushing up equity for homeowners. The average homeowner gained about $64,000 in equity from the first quarter of 2021 to the first quarter of this year, according to a new report from CoreLogic.

About 62% of all properties nationwide saw an increase in annualized equity gains in the first quarter. California, Hawaii and Washington posted the highest average equity increases at $141,000, $139,000 and $114,000 respectively, according to the report. On the other hand, the states seeing the lowest equity gains were Iowa ($17,300) and North Dakota ($19,000).

This chart from CoreLogic shows the average equity gains from last year’s first quarter to this year’s in each state across the country.

A map showing the equity of homeowners by state

 

 


Follow Hashtags: #DRE01091418 #realtorlife

What is Your Home Worth?

Start Your Home Selling Journey