One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble, where many homeowners owed
Category: Equity
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The Big Difference Between Renter and Homeowner Net WorthThe Big Difference Between Renter and Homeowner Net Worth
Some Highlights If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership. Unlike renters, homeowners gain equity as they pay their mortgage and
Why Buying Now Is Worth ItWhy Buying Now Is Worth It
Some Highlights You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will
The Benefits of Using Your Equity To Make a Bigger Down PaymentThe Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have
Now’s the Time To Upgrade to Your Dream HomeNow’s the Time To Upgrade to Your Dream Home
If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s
Why Buying Now May Be Worth It in the Long RunWhy Buying Now May Be Worth It in the Long Run
Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend
What Every Homeowner Should Know About Their EquityWhat Every Homeowner Should Know About Their Equity
Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so
Unlocking the Benefits of Your Home’s EquityUnlocking the Benefits of Your Home’s Equity
Some Highlights Equity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and
Why Moving to a Smaller Home After Retirement Makes Life EasierWhy Moving to a Smaller Home After Retirement Makes Life Easier
Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it’s important to think about whether your
Homeownership: The Heart of the American DreamHomeownership: The Heart of the American Dream
Everyone’s vision for the future is personal and unique. But for many, common goals include success, freedom, and prosperity — values closely tied to having your own home and the