home equity – Real Estate

What’s Your House Worth Now? The Answer May Surprise You

Many homeowners underestimate their home’s worth and the equity built over time from rising market values and mortgage payments. With an average equity of $311,000, this can be leveraged for buying a new home, renovations, or starting a business. Understanding your equity opens up financial opportunities for the future.

How Much Home Equity Have You Gained? The Answer Might Surprise You!

Home equity, the difference between a home’s value and mortgage owed, has significantly increased for homeowners due to rising home prices and longer residency. The average homeowner enjoys about $319,000 in equity, creating opportunities for purchasing new homes, financing improvements, or starting businesses. Understanding this asset is crucial for future financial planning.

Ways Your Home Equity Can Help You Reach Your Goals

Home equity is the difference between your home’s value and mortgage debt, offering financial opportunities as prices rise. You can use it to move to a new home, invest in property upgrades, pursue personal goals, or avoid foreclosure. Knowing your equity and wisely leveraging it can help you achieve your aspirations.

We’re in a Seller’s Market… Why Buyers are Buying and Sellers are Selling!

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house or buy your first orContinue reading “We’re in a Seller’s Market… Why Buyers are Buying and Sellers are Selling!”

Leveraging Your Equity – Selling Your House, Planning for Retirement and So Much More!

In following up on last week’s blog about the benefits of owning over renting, one of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equityContinue reading “Leveraging Your Equity – Selling Your House, Planning for Retirement and So Much More!”