Monday, September 24, 2018
Average homeowner gained $16,000 in home equity in 1 year
Average homeowner gained $16,000 in home equity in 1 year: As the economy strengthens, home values continue to appreciate, and that means homeowners are raking in the equity. A report released Thursday by CoreLogic showed that home equity rose 12.3% year over year in the second quarter of 2018, meaning that the average homeowner saw their equity increase by $16,153 in one year’s time.
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