"Home equity wealth is at a record level and will bolster economic activity in the coming year," said Dr. Frank Nothaft, chief economist for CoreLogic. "Higher wealth spurs additional consumer expenditures and also supports room additions and other investments in homes, adding to overall economic activity." https://www.worldpropertyjournal.com/real-estate-news/united-states/irvine/real-estate-news-corelogic-homeowner-equity-report-frank-martell-homeowner-equity-gains-in-2021-rising-equity-report-frank-martell-frank-nothaft-12738.php