Florida Home Equity Q2 2018 up $36 a day.

In the second quarter of 2018, the average homeowner in Florida gained approximately $13,000 over the last year. $1.48 an hour! Nationwide the average is $16,200.

At $36.00 equity gain per day in most parts of Florida, the sooner you can purchase that new home, the faster you can start to build equity.

“This wealth gain will support additional consumption spending and home improvement expenditures in coming years” – Frank Nothaft Chief Economist at CoreLogic.

Some parts of the state are still underwater. The highest negative home equity of 11.4 percent is in the Miami area, including Miami Beach and Kendall.