If you’re thinking of buying a home this year, be sure to consider the long-term financial benefits of homeownership – like home equity – which boosts your wealth.
How Homeowner Net Worth Grows with Time Read More »
Reaching retirement is a significant milestone in life. One thing you may be considering is selling your house and finding a home better suited for your evolving needs.
Planning to Retire? Your Equity Can Help You Make a Move Read More »
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Even though rates are high right now, so is home equity.
Your Home Equity Can Offset Affordability Challenges Read More »
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 help you feel more comfortable making your move. What Equity
Equity Is a Game Changer for Homeowners Looking To Sell Read More »
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 recently. Home prices rose rapidly
A Drop in Equity Doesn’t Mean Low Equity Read More »
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1.
This Real Estate Market Is the Strongest of Our Lifetime Read More »
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your
Homeowners Have Incredible Equity To Leverage Right Now Read More »
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat
How Homeowners Win When They Downsize Read More »
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