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Home/Real Estate News/Americans See Major Home Equity Gains

Americans See Major Home Equity Gains

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.

Some Highlights

  • 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!

Written by: Jim McCallion

Tagged With: market stats Filed Under: Market Update, Real Estate News

About Jim McCallion

Meet the "Marketing Megaphone" and Webmaster behind McCallion & McCallion. After selling his software company, Jim, Susan and kids moved to Sanibel in 2008. With his tech experience, he and Susan bring a fresh approach to island real estate.

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McCallion & McCallion Realty
1640 Periwinkle Way, Suite 1
Sanibel Island, Florida 33957
(239) 472-1950

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