[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2n9x53v03x3nn":3,"$f2emv3tus0uf1":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},1647,"want-to-make-a-move-homeowner-equity-is-growing-year-over-year","Want to Make a Move? Homeowner Equity is Growing Year-Over-Year","One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhomeowner-equity-report.aspx\">\u003Cem>Homeowner Equity Insights Report\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>CoreLogic\u003C\u002Fem>, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F17145607\u002F20200618-KCM-Share.jpg","One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhomeowner-equity-report.aspx\">\u003Cem>Homeowner Equity Insights Report\u003C\u002Fem>\u003C\u002Fa> from \u003Cem>CoreLogic\u003C\u002Fem>, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain.\u003C!--more-->\r\n\r\nThe report notes:\r\n\u003Cblockquote>\u003Cem>“CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of nearly $590 billion since the first quarter of 2019, an increase of 6.5%, year over year.” (See map below):\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200618-MEM-ENG.jpg\">\u003Cimg class=\"aligncenter wp-image-42533\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200618-MEM-ENG.jpg\" alt=\"Want to Make a Move? Homeowner Equity is Growing Year-Over-Year | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>This means that \u003Cem>“\u003Cstrong>In the first quarter of 2020, the average homeowner gained approximately $9,600 in equity during the past year.”\u003C\u002Fstrong>\u003C\u002Fem>\r\n\r\nThat’s a huge win for homeowners, especially for those looking to sell their houses and make a move this \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2020\u002F05\u002F27\u002Fwhy-this-summer-is-the-2020-real-estate-season\u002F\">summer\u003C\u002Fa>. Having equity to re-invest in your next home is a major force that can make moving a reality, especially while buyers are expressing such a \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2020\u002F06\u002F16\u002Fthree-reasons-homebuyers-are-ready-to-purchase-this-year\u002F\">high demand\u003C\u002Fa> for homes to purchase.\r\n\r\nFrank Martell, \u003Cem>President and CEO\u003C\u002Fem> of \u003Cem>CoreLogic\u003C\u002Fem> addresses the potential long-term outlook and how homeowners will likely fare much more positively through the current \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2020\u002F06\u002F10\u002Fis-a-recession-here-yes-does-that-mean-a-housing-crash-no\u002F\">recession\u003C\u002Fa> than many did during the last one:\r\n\u003Cblockquote>\u003Cem>\"Many homeowners will experience a recession during their lifetime, and it is reasonable to compare the current recession to those in the past. But the comparison is not apples to apples — every recession is different. Primary drivers of the Great Recession were an overbuilt housing stock, risky mortgages and the collapse of home prices, creating a massive increase in negative equity that proved difficult to recover from. Today’s housing environment has low vacancy and delinquency rates and a \u003Cstrong>large home equity cushion\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line \u003C\u002Fstrong>\u003C\u002Fh3>\r\nNow is a great time to consider leveraging your equity and making a move, especially while buyer interest is high. Let’s connect to explore your equity position and make your next move a reality."," \r\nNow is a great time to consider leveraging your equity and making a move, especially while buyer interest is high. Let’s connect to explore your equity position and make your next move a reality.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F20200618-MEM-ENG.jpg",false,[17,21],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up","2020-06-18T10:00:37Z","2020-06-18T10:00:38Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},1646,"is-the-economic-recovery-already-underway","Is the Economic Recovery Already Underway? ","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F15163048\u002F20200617-KCM-Share.jpg","2020-06-17T10:00:06Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},1648,"7-strategies-for-a-2020-open-house-infographic","7 Strategies for a 2020 Open House [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F06\u002F18165250\u002F20200619-KCM-Share.jpg","2020-06-19T10:00:42Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[44,48,52,53,57,61,65,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":49,"name":50,"slug":51},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":22,"name":23,"slug":24},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]