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712,000 Homes Regained Positive Equity

Tuesday, January 9, 2018   /   by Alex Krasnoff

712,000 Homes Regained Positive Equity

Did you know that in the past 12 months 712,000 homes in the U.S gained positive equity in borrowed mortgages?

positive home equity map (1).png

According to @CoreLogics recent report on home equity 712,000 home mortgage borrowers moved into a positive line of equity within the last year.

The report also showed that the average homeowner across the U.S positively gained approximately $14,900 in equity. 

That's a  decrease of 22% in negative equity for 6.3% of all properties with a home mortgage across the U.S.
Which equates to a total of 3.2 million homes. 

In North Carolina, the percentage of homes with a positive line of equity is about 96.3%

In South Carolina, the percentage of homes with a positive line of equity is 95.9%

Curious if you're one of the homes who's line of equity positively increased?
Contact us today for your FREE home valuation and a professional plan of action for you which includes tips on selling your home, and a plan to buy a new home and what that means for you.

- Krasnoff and Associates by Keller Williams Fort Mill 

source credit: www.keepingcurrentmatters.com

Keller Williams Connected
Alex Krasnoff
901 Dave Gibson Blvd
Fort Mill, SC 29708

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