Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
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Owners Saw Largest Annual Gain In Home Equity In 1Q 2022
U.S. homeowners with mortgages benefited from the the largest one-year gain in average home equity wealth in the first quarter of 20222, according to a new report. Approximately 62%, or 62,000, homeowners with mortgages saw their equity increase in the first quarter by 32.2% year over year, according to the latest Homeowner Equity Report (HER) from CoreLogic, a global property information, analytics and data-enabled solutions provider.
Source: nationalmortgageprofessional.com
Homeowners Gained $3.8T In Equity Over The Past Year, CoreLogic Says
Homeowner equity grew by 32.2 percent in the past year as the number of borrowers underwater on their mortgages fell to a new low.
Source: inman.com
Calculated Risk: CoreLogic: 1.1 million Homeowners with Negative Equity in Q1 2022
A top ranked economics and finance blog with a focus on the housing market
Source: calculatedriskblog.com
U.S. Borrowers Gained More than $60,000 in Equity Since Q1 2022
U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 32.2% year over year, representing a collective equity gain of $3.8 trillion, and an average gain of $63,600 per borrower, since the first quarter of 2021
Source: rismedia.com