U.S. homeowners with mortgages saw their home equity decrease by 0.7% year-over-year–an average loss of $5,400 per borrower–according to CoreLogic, Irvine, Calif.
Tag: CoreLogic Home Equity Report
MBA Home For All Pledge Partner: CoreLogic
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)
CoreLogic: Homeowners in Negative Equity at Lowest Level in 12 Years
CoreLogic, Irvine, Calif., said just 2.1% of U.S. homeowners with a mortgage were underwater as of the fourth quarter, the lowest level since 2010, as borrowers gained more than $3.2 trillion in equity in 2021.
CoreLogic: Homeowners Gained $3.2 Trillion in Equity in Q3
CoreLogic, Irvine, Calif., said homeowners with mortgages (which account for 63% of all properties) saw their equity increase by 31.1% year over year in the third quarter, representing a collective equity gain of more $3.2 trillion and an average gain of $56,700 per borrower.
Home Equity Continues to Soar: Homeowners Gained $1.5 Trillion in 2020
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages saw their equity increase by 16.2% year over year, representing a collective equity gain of more than $1.5 trillion, and an average gain of $26,300 per homeowner, from a year ago.