In a recent report on the mortgage industry, notable increases in three states stood out, far surpassing the national average. California, Massachusetts, and New Jersey displayed growth rates that were more than double that of the rest of the country. This significant trend highlights ongoing economic disparities and varying housing market conditions across different regions.
Key points:
– California, Massachusetts, and New Jersey experienced substantial increases in the mortgage industry
– Growth rates in these states were more than double the national average, indicating unique economic conditions
– The disparities in growth rates suggest a diverse landscape in the housing market, with regional factors playing a significant role.
You can read this full article at: https://www.housingwire.com/articles/homeowners-saw-an-average-gain-of-28k-in-equity-over-the-past-year-corelogic/(subscription required)
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