The Blog ofRMG Properties

Happy Home Owners

U.S. homeowners gained an average of 5.6% in equity year-over-year according to CoreLogic’s Home Equity Insights (HEI) for 1st Quarter 2019. The CoreLogic report only includes properties with mortgages, estimated to be 63% of all homes. The annual equity gain represents just over $485 billion. Homeowners who sold during the first quarter realized an average of $57,500 in gains over their purchase price.