Leave a Message

Thank you for your message. We will be in touch with you shortly.

Homeowners Still Have Positive Equity Gains over the Past 12 Months

December 20, 2022

Real Estate Tips

Homeowners Still Have Positive Equity Gains over the Past 12 Months

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

Equity is the current value of your home minus what you owe on the loan.

Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially.

And while home price appreciation has moderated this year, and even depreciated slightly in some overheated markets, that doesn’t mean you’ve lost all the equity you gained during the pandemic frenzy.

To prove you still have equity you can use, the latest Homeowner Equity Insights from CoreLogic finds the average homeowner equity has actually grown by $34,300 over the past 12 months.

That’s right, despite the headlines, the average homeowner still gained positive equity over the last year in just about every market. While the gains aren’t as dramatic as they were in the previous quarter due to home price moderation, they’re still significant. And if you’ve been in your home for longer than a year, chances are you have even more equity than you realize.

While that’s the national number, if you want to know what happened over the past year in your area, look at the map below from CoreLogic:

 

Why This Is So Important Right Now

While equity helps increase your overall net worth, it can also help you achieve other goals, like buying your next home. When you sell your current house, the equity you’ve built up comes back to you in the sale, and it may be just what you need to cover a large portion – if not all – of the down payment on your next home.

So, if you’ve been holding off on selling because you weren’t sure what the headlines meant for your bottom line, rest assured you’ve still gained equity in recent years, and it can help fuel your move.

Bottom Line

If you’re planning to make a move, the equity you’ve gained over time can make a big impact. To find out just how much equity you have in your current home and how you can use it to fuel your next purchase, let’s connect.

Explore Our Other Blogs

Stay Updated On Our Most Recent Blog Posts

Real Estate

Rates Fell. San Jose Didn’t Slow Down: The 2026 Evergreen & Silver Creek Playbook

Brian Ng  |  May 5, 2026

Rates Fell. San Jose Didn’t Slow Down: The 2026 Evergreen & Silver Creek Playbook

Real Estate

Mortgage Rates Dropped. Evergreen Didn’t Wait: The 2026 Playbook for San Jose Buyers and Sellers

Brian Ng  |  April 28, 2026

Mortgage Rates Dropped. Evergreen Didn’t Wait: The 2026 Playbook for San Jose Buyers and Sellers

Real Estate

Rates Are Up, Prices Are Softer: The 2026 Selective Leverage Playbook for Evergreen and Silver Creek

Brian Ng  |  April 3, 2026

Rates Are Up, Prices Are Softer: The 2026 Selective Leverage Playbook for Evergreen and Silver Creek

Buyer's Real Estate Tips

San Jose’s 2026 Housing Split: Why Evergreen Is Holding Better Than Silver Creek—and What Smart Buyers, Sellers, and Investors Should Do Next

Brian Ng  |  March 30, 2026

San Jose’s 2026 Housing Split: Why Evergreen Is Holding Better Than Silver Creek—and What Smart Buyers, Sellers, and Investors Should Do Next

Buyer's Real Estate Tips

San Jose’s 2026 “Lock-In” Market: Prices Are Cooler, Inventory Isn’t—How Evergreen & Silver Creek Buyers Still Win

Thao Dang Pham  |  March 5, 2026

San Jose’s 2026 “Lock-In” Market: Prices Are Cooler, Inventory Isn’t—How Evergreen & Silver Creek Buyers Still Win

Buyer's Real Estate Tips

Mortgage Rates Just Hit 5.98%—San Jose Buyers Now Have a Reset Window in Evergreen & Silver Creek

Brian Ng  |  February 27, 2026

Mortgage Rates Just Hit 5.98%—San Jose Buyers Now Have a Reset Window in Evergreen & Silver Creek

Let's Talk

You’ve got questions and we can’t wait to answer them.

FOLLOW US ON INSTAGRAM