The year kicks off with more good news about real estate: home equity is growing again. The LA Times’ Kenneth R. Harney reports that, after hitting a low in the final quarter of 2011, Americans’ combined home equity jumped 20% over the ensuing nine months. “Owners in Los Angeles gained a cumulative $122.1 billion during the year,” according to a report issued by Zillow.¬†Full story here.

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