Episode Details

California homeowners are sitting on a goldmine—average mortgage holders boast $627,000 in home equity, more than double the national average and second only to Hawaii. With nearly $4.1 trillion in total equity across 6.6 million mortgaged homes, California leads the nation in homeowner wealth, representing almost a quarter of the country’s total. This massive cushion isn’t just personal security—it’s a stabilizing force for the entire housing market, especially when compared to states like Louisiana or Iowa where equity averages just $120,000.

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