Average Equity Gain per Homeowner (Source: CoreLogic)

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CoreLogic: CA Homeowners Gained $29K in Equity on Average

CoreLogic reports that, for the 12-month period ending June 2016, homeowners across the U.S. saw an average increase in equity of just over $11,000. California homeowners saw more than double that with average equity gains of $29,000 per ownership household.

Average Equity Gain per Homeowner (Source: CoreLogic)
Homeowners in CA saw an average increase in equity of $29K for the 12-month period ending June 2016

More good news: CoreLogic’s Home Price Index projects another 5% rise in the coming year, so recent home buyers and those who are planning to buy soon are likely to benefit as well. What does that mean? If you haven’t purchased a home here in San Diego yet, it’s not too late to begin your home search.

You can watch a summary of the report below or view the full blog post here.

Originally posted 2016-10-20 15:18:40. Republished by Blog Post Promoter

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