{"id":17844,"date":"2020-09-24T11:15:40","date_gmt":"2020-09-24T11:15:40","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17844"},"modified":"2020-09-24T11:15:40","modified_gmt":"2020-09-24T11:15:40","slug":"homeowners-saw-average-equity-gain-of-9800-in-q2","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/homeowners-saw-average-equity-gain-of-9800-in-q2\/","title":{"rendered":"Homeowners Saw Average Equity Gain of $9,800 in Q2"},"content":{"rendered":"

Homeowners Saw Average Equity Gain of $9,800 in Q2<\/h3>\n
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Homeowners are gaining wealth in the pandemic. The average homeowner gained about $9,800 in equity year over year in the second quarter, according to a new report from CoreLogic, a real estate data firm.<\/p>\n

\u201cHomeowners\u2019 balance sheets continue to be bolstered by home price appreciation, which in turn mitigated foreclosure pressures,\u201d says Frank Martell, president and CEO of CoreLogic. \u201cAlthough the exact contours of the economic recovery remain uncertain, we expect current equity gains, fueled by strong demand for available homes, will continue to support homeowners in the near term.\u201d<\/p>\n

Montana had the highest year-over-year average increase of $28,900 in the second quarter. Idaho, Washington, and Arizona followed with $21,000 and $20,000 in equity, respectively.<\/p>\n

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\"Map<\/div>\n<\/div>\n<\/div>\n

\u00a9 CoreLogic<\/p>

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The housing market remained strong in the second quarter as buyers rushed to take advantage of record-low mortgage rates. Limited housing inventories mixed with strong buyer demand has helped fuel the increases in home prices. That, in turn, has helped to add to borrower equity through June, CoreLogic reports.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Source:<\/div>\n
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\u201cHome Equity Insights<\/a>,\u201d CoreLogic (2020)<\/div>\n
\u00a9National Association of REALTORS\u00ae
\nReprinted with permission<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Homeowners Saw Average Equity Gain of $9,800 in Q2 Homeowners are gaining wealth in the pandemic. The average homeowner gained about $9,800 in equity year over year in the second quarter, according to a new report from CoreLogic, a real estate data firm. \u201cHomeowners\u2019 balance sheets continue to be bolstered by home price appreciation, which … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-17844","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nHomeowners Saw Average Equity Gain of $9,800 in Q2 - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/homeowners-saw-average-equity-gain-of-9800-in-q2\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Homeowners Saw Average Equity Gain of $9,800 in Q2\",\"datePublished\":\"2020-09-24T11:15:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/\"},\"wordCount\":191,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/magazine.realtor\\\/sites\\\/default\\\/files\\\/styles\\\/asset_image_full_content\\\/public\\\/assets\\\/images\\\/2009_DNSI_CoreLogic_equity.png?itok=KUmbVZ_V\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/homeowners-saw-average-equity-gain-of-9800-in-q2\\\/\",\"name\":\"Homeowners Saw Average Equity Gain of $9,800 in Q2 - 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