U.S. Homeowner Equity Nationwide Increased $908 Billion in 2017

According to CoreLogic's latest Home Equity Report for the fourth quarter of 2017, U.S. homeowners with mortgages (which account for roughly 63 percent of all properties) have seen their equity increase 12.2 percent year over year, representing a gain of $908.4 billion since the fourth quarter of 2016. Quick FAQs on U.S. Homeowner Equity in Q4, 2017: Negative Equity Share Fell to 4.9 Percent in Q4 2017 Quarter Over Quarter, 19,000 Residential Properties Regained Equity in Q4 2017 About 2.5 Million Mortgaged Residential Properties Are Still in Negative Equity Additionally, homeowners gained more than $15,000 in home equity between the fourth quarter of 2016 and the fourth quarter of 2017. While home equity grew nationwide, western states experienced the largest increase. Washington homeowners gained an average of approximately $40,000 in home equity, and California homeowners gained an average of approximately $44,000 in home equity.