U.S. Homeowners Equity Continues to Increase

One of the positives of the continued home price appreciation is the amount of equity that homeowners can borrow against has increased significantly, especially in California. Currently 40 million homeowners in the U.S. have at least 20 percent equity in their homes.

40 percent of the nation’s tappable home equity is in California.

three of the top five of metro areas in the U.S. with the most home equity are in California including San Francisco, San Jose, and Los Angeles.

Share

Speak Your Mind

*