Homeowners Have a Lot of Equity Right Now
Homeowners Have a Lot of Equity Right Now
September 1, 2023
Some Highlights
- Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
- Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
- Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).
Categories
Recent Posts
Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
What’s Behind Today’s Mortgage Rate Volatility?
Is Wall Street Really Buying All the Homes?
Don’t Let These Two Concerns Hold You Back from Selling Your House
The Big Difference Between Renter and Homeowner Net Worth
Should You Sell Your House or Rent It Out?
More Homes, Slower Price Growth – What It Means for You as a Buyer
What’s Motivating Homeowners To Move Right Now
The Majority of Veterans Are Unaware of a Key VA Loan Benefit
Why You Need an Agent To Set the Right Asking Price
GET MORE INFORMATION
Adrian Garza-Delgado
Broker Associate | License ID: 638099
Broker Associate License ID: 638099