Home equity increased to an all time high in the 1st quarter of the 2021 Housing Market. What states have seen the most amount of home equity gained during this time? What states have seen negative equity increase even with home prices reaching all time highs? What percentage of homeowners have at least 20% equity in their homes? What percentage have less than 10% equity? In this video, we are going to discuss the Corelogic Home Equity Report from Q1 of 2021 and what it means for the Housing Market.
Articles and Graphs referenced in this video came from the Corelogic Home Equity Report: https://www.corelogic.com/insights/ho…
What are your thoughts on the home equity that homeowners have gained over the last year? Is it temporary or will the housing market continue to cliimb upwards? When do you believe home prices will level off? How do you think forbearance mortgage ending will affect house prices? What are you thoughts on a housing market crash? How long do you believe this can go on? Let me know in the comments below.
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
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