Realty Executives Exceptional Realtors®

Nicole Monahan

Regional Branch Manager (570) 470-9006

Nicole Monahan

Regional Branch Manager

Realty Executives Exceptional Realtors®

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Homeowners Have a Lot of Equity Right Now

(Published on - 9/1/2023 12:41:16 PM)

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.

 

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