Dr. Frank Nothaft

The Average Homeowner Gained $56,700 in Home Equity

🏠 The Average Homeowner Gained $56,700 in Home Equity over the Past Year (2021). This is a great time to buy! Interest rates are low and homes are selling fast. ✅ Dr. Frank Nothaft, Chief Economist at CoreLogic, explains it like this: “Home price growth is the principal driver of home equity creation. The CoreLogic Home Price Index reported home prices were up 17.7% for the past 12 months...

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