Annette  Lawrence , Palm Harbor, FL 727-420-4041, Making FLORIDA Real Estate EZ  (ReMax Realtec Group)

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Rainmaker
893,775
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Actually .  .  . yeah. I just prepped a financial statement for my money guy for 2017 and my house is up about 15% (in my case, more like 25k than 15k) based on sales on my street (and a couple, I know what they appraised for--over sale price!)
It's all BS till you cash out, though . . . and I love my fairy house too much to ever sell it. <3

Mar 15, 2018 06:49 AM
Rainmaker
1,914,219
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

That's low for my area.

Mar 15, 2018 06:56 AM
Rainer
325,572
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

What’s the Zestimate say?

yes I think the lions share of homes in my area gained a significant amount of equity. Possibly even more than the $15,000. 

Mar 15, 2018 06:40 AM
Ambassador
4,576,494
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No doubt since prices keep going up. I don't know how much equity has been gained but given prices I would guess it's more.

Mar 15, 2018 07:45 AM
Rainmaker
1,722,050
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

I didn't read that report as of yet so you're ahead of me. I would say that there is still a decent percentage of people with zero equity. More & more homes are now selling where they sold maybe 7 to 10 years ago. People are just finally getting out now & they feel the time is right. Maybe not for a profit, per se, but to at least move on.

I do not see $15K across the board. Some yes, some no.

Mar 15, 2018 07:44 AM
Rainmaker
4,202,671
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not sure many neighborhoods experienced that equity increase while others probably exceeded that amount.

Mar 15, 2018 07:05 AM
Rainmaker
5,578,436
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Once again, I am bowing to Candice A. Donofrio logic rather than Core Logic. Here with the disasters that began Dec 3 and are in progress, homes lost equity!  A

Mar 15, 2018 12:47 PM
Rainmaker
1,386,168
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

More out here.  Seems it can be $15k in a month or two some times.

Mar 15, 2018 08:57 AM
Rainmaker
1,227,526
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

San Diego was up $20,000 from start of Q4 2016 to start of Q4 2017

and up $41,700 looking at end of Q4 2016 to end of Q4 2017.

I'm seeing a 25:1 ratio of great equity to break even or heading under water in my business. I save about one house per year from short sale working with Ocwen Bank typically to get a break even closing.

 

Mar 15, 2018 08:48 AM
Rainmaker
187,033
Erika Rae Albert, Austin Real Estate Expert
E*Rae Realty - Austin, TX
Exceeding Expectations in Every Transaction

We're seeing about twice that for single family homes in Austin

Mar 15, 2018 07:11 AM
Rainmaker
742,019
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

It depends on area and price point. We didn't have as much new construction in 2016 as we did in 2017. Now that builders have caught up, homeowners in the upper price points are competing for the same buyers.

Mar 15, 2018 06:55 AM
Rainmaker
6,597,738
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home owners are more interested in what has taken place in their neighborhood.

Mar 15, 2018 06:55 AM
Ambassador
2,569,932
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  In the lower price ranges.

Mar 15, 2018 06:51 AM
Rainmaker
5,571,804
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

in my town, our equity gain in one year is more than $15k...

Mar 15, 2018 06:28 AM
Ambassador
4,312,759
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Annette Lawrence , Palm Harbor, FL 727-420-4041 - a lot more than that!

Mar 15, 2018 11:00 PM
Ambassador
5,401,094
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

We did see a surge, but not that much.

Mar 15, 2018 09:20 PM
Ambassador
3,986,710
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That's not happening in my area with the average sale price in the $180's. It totally depends on the neighborhood and the condition of the home.

Mar 15, 2018 07:52 PM
Rainer
3,914
Alexander Jerome
KW Peterson & Associates - Birmingham, MI
Real estate agent serving southeast Michigan

Yes. According to the CoreLogic report, Michigan saw an $11,000 increase in equity per home. However, in my local area, it is significantly higher.

Mar 15, 2018 07:07 PM
Ambassador
3,051,660
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

No.  What I am seeing is $200,000 and more in less than one year. Home sold in May 2017 for 725K s now selling for $1M+

Mar 15, 2018 03:35 PM
Rainmaker
1,518,356
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Hmmm, i'm not sure about negative equity. We see very few short sales or foreclosures in the hood. As for gaining in home equity: 

The average California homeowner gained $26,000 in equity between 2016 and 2017.

 

Here is the link to all states data: 

https://www.desertsun.com/story/money/real-estate/2017/08/17/equity-gained-homeowners-each-u-s-state-last-year-according-corelogic/566937001/

Mar 15, 2018 02:10 PM
Rainer
180,215
Harjeet Bhatti
FITH THIRD BANK - Chicago, IL
Home Mortgage Consultant 25 States

Yes I do see equity position higher now. Investors has started cashing out.

Mar 15, 2018 01:29 PM
Rainer
69,594
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

I believe the increase!  Still can't believe that 2.5 mil homes still have negative equity.  Wow!

Mar 15, 2018 01:23 PM
Ambassador
4,242,451
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

It's just like stocks - all that really matters is what price you bought and what price you sell!

And, of course, it's all hyperlocal.

Mar 15, 2018 12:01 PM
Rainmaker
1,153,050
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

18-25% in most neighborhoods. Boonies 10-18% 

 

Mar 15, 2018 08:19 AM
Rainmaker
2,640,732
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

yes and more too

Mar 15, 2018 07:08 AM
Rainmaker
4,036,774
Richard Weeks
Dallas, TX
REALTOR®, Broker

That would be a little low for our market.

Mar 15, 2018 06:37 AM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Actually much higher than that on average home prices are beginning to near or over pre ballon bust levels Annette Lawrence , Palm Harbor, FL 727-420-4041 

Mar 20, 2018 02:31 PM
Rainmaker
4,933,131
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

In the Denver metro area, homeowners have seen an average of 10% per year for the last four years.

Mar 17, 2018 04:13 PM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Even the ones with negative equity could have had positive gains for the year.

Mar 16, 2018 05:55 AM
Rainmaker
4,433,683
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Mar 16, 2018 03:35 AM
Rainmaker
4,107,196
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Depends on the area; depends on when a house was purchased. And are we talking value or true equity? Value could go up and equity not if owners have borrowed against it.

Mar 15, 2018 11:44 AM