As of the end of the first quarter, U.S. homeowners had gained a collective $3.8 trillion in equity compared with the first quarter of 2021, according to CoreLogic’s Homeowner Equity Report (HER).
What’s more, the share of homeowners in negative equity fell to a new low, decreasing year over year by 23%.
U.S. homeowners with mortgages account for roughly 62% of all properties, CoreLogic estimates. These homeowners have seen their combined equity increase by
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