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July 13, 2021
Barry’s Buzz – August 2021
August 12, 2021
Published by Alyssa Haynes on July 13, 2021
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  • Market Update
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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 

 

 

More great articles below:
  • Cost vs. Value: 2021 Home Improvement Projects With the Highest ROI:
  • Buyers Waive Contingencies, Bring More Money to Close:
  • Housing Moving Past Pricing Peak, But Inventory Still Low
  • Prices for Construction Materials Jump 26% in a Year
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Alyssa Haynes
Alyssa Haynes

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