Nearly every state saw an increase in home equity in 2020, with the average increase equalling $26,300.
The information in the graphic below was gathered by Corelogic and includes 2020 Q4 data based on U.S. homeowners with a mortgage, which represents roughly 62% of all properties.
- Today’s home price appreciation is driving equity higher throughout the country.
- Your home’s equity may be a great asset to power your next move.
- Now is a great time to put your equity toward a down payment on the home of your dreams.
- If you invested in real estate intending to sell with increased equity, the time is now!