Home Equity

Feb. 23, 2024

Home Equity Can Be a Game Changer When You Sell

Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains:

“Home equity is the difference between ...

View More
Posted in Home Equity
Sept. 28, 2023

Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates ...

View More
Posted in Home Equity
Aug. 17, 2023

Equity Is a Game Changer for Homeowners Looking To Sell

If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to ...

View More
Posted in Home Equity
June 19, 2023

A Drop in Equity Doesn’t Mean Low Equity

You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out ...

View More
Posted in Home Equity
March 2, 2023

Equity Gains for Today’s Homeowners

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

How Equity Has Grown ...

View More
Posted in Home Equity
Nov. 7, 2022

Home Equity: A Source of Strength for Homeowners Today

 

Experts agree there’s no chance of a large-scale foreclosure
crisis like we saw back in 2008, and that’s good news for the housing market.
As Mark Fleming, Chief Economist at First American, says:

“. . . don’t expect a housing bust like the mid-2000s, as
lending standards in this housing cycle ...

View More
Posted in Home Equity
Oct. 23, 2022

What’s Ahead for Home Prices?

 

image 1As the housing market cools in response to the dramatic rise
in mortgage rates, home price appreciation is cooling as well. And if you’re
following along with headlines in the media, you’re probably seeing a wide range
of opinions calling for everything from falling home prices to ongoing
appreciation ...

View More
April 12, 2022

Do You Know How Much Equity You Have in Your Home?

If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity.

 

Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55 ...

View More
Posted in Home Equity
Oct. 6, 2020

Rising Home Equity Can Power Your Next Move

 

According to CoreLogic, homeowners across the country are gaining significant equity.

Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.

If you’re ready to sell your house and begin looking for your dream home, let’s connect to plan how your equity ...

View More
Posted in Home Equity