This past year home values across the nation rose sharply: The average equity gain in the U.S. was $64,000. In Washington, it was much higher, a whopping $114,000. All totaled, U.S. homeowners gained $3.8 trillion in equity since the first quarter of 2021, a year-over-year gain of 32.2%. Wow!
If you are interested in how other states compared, check out the map above (photo courtesy of CoreLogic).
For more detailed information, read the complete CoreLogic article.
If you are curious about the value of your home or have questions, I’m here to help!