this post was submitted on 24 Jun 2023
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The State of Washington — The Evergreen State

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Washington State in the Pacific Northest

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Homeowners in WA lose more equity than any other state as market cools (www.seattletimes.com)
submitted 1 year ago by jocose@kbin.social to c/washington@kbin.social
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On average over the last year, Washington homeowners lost about $74,300 in equity, a measure of the difference between how much a home is worth and how much the owner owes on the mortgage, according to the real estate data company CoreLogic. That 18% decline marked the largest drop in the country from the first quarter of last year to the first quarter of 2023.

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