Categories: Good To KnowPublished On: June 7th, 2024

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Homeowner Equity Spikes to All-Time High of $17 Trillion

In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year-over-year, representing a collective gain of $1.5 trillion and an average increase of $28,000 per borrower since the first quarter of 2023.…

The post Homeowner Equity Spikes to All-Time High of $17 Trillion appeared first on RISMedia.

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