Realty Executives Midwest

Mark Sotir

Mark Sotir

Broker

Realty Executives Midwest

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Homeowners have a lot of Equity

(Published on - 9/1/2023 3:05:54 PM)

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]




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).

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