Homeowners across the Golden State are seeing the equity in their homes rise. According to global property information company CoreLogic, the average homeowner in California has seen a $44,000 increase in their home equity during 2017. That was the largest gain in any state in the nation.
Also, only three-percent of homeowners had negative home equity compared to nearly five-percent nationwide. A lot of things can affect a home's value, from kitchen and bathroom makeovers to adding a room or remodeling the basement.
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