• Lender loanDepot finds that 46 percent of all U.S. homeowners with a mortgage expect their equity to increase this year.
  • Many homeowners underestimate the amount of value their homes have gained throughout the housing recovery.
  • Attitudes toward tapping into home equity today may depend on individual experiences during the housing bust.
  • CoreLogic suggested that a recent resurgence in remodeling could mean that homeowners will lean toward using HELOCs to repair or enhance their property.

Nearly half of American homeowners will enjoy continued increases in their home equity this year, raising questions about how they will choose to leverage these gains now that the dust from the housing market implosion has settled, according to two recent research reports. Lender loanDepot finds that 46 percent of all U.S. homeowners with a mortgage expect their equity to increase this year, after 60 percent of them already reported equity increases in the last three years. Of those anticipating equity changes in 2016, 85 percent think it could rise as much as 10 percent, and another 27 percent expect it to increase between 6 and 10 percent. Only 3 percent of homeowners expect their equity to fall in 2016, and 27 percent expect it to remain the same. Values exceeding homeowner es...