Wednesday, May 8, 2024 | The Latest Buzz for the Appraisal Industry

Homeowners Gain $3.2T in Equity

Since the third quarter of 2020, mortgage holders have realized a $3.2 trillion gain in equity—a gain of 31.1% year-over-year—the highest rate of growth seen in 45 years.  According to a new report by CoreLogic, mortgage holders, which account for 63% of all properties, have gained an average of $56,700 per property due to recent market conditions. These gains proved to be an effective stopgap against foreclosure …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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