Average homeowner gained $33,400 in equity last year
This number represents a 19.6% increase year-over-year, and the highest annual gain in at least a decade.
According to the latest numbers from CoreLogic released on Thursday, the average American homeowner with a mortgage gained 19.6 percent in equity in the first quarter of 2021, which amounts to a $33,400 — the highest annual gain per borrower in at least a decade.
The growth from the first quarter of 2020 to the first quarter of 2021, represents a combined equity gain of over $1.9 trillion…Read More
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