Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
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).
Categories
Recent Posts
What a Fed Rate Cut Could Mean for Mortgage Rates
Mortgage Rates Just Saw Their Biggest Drop in a Year
August 2025 Market Overview
September Activities in Salt Lake, Utah
Why 50% of Homes Are Selling for Under Asking and How To Avoid It
Builder Incentives Reach 5-Year High
What Mortgage Delinquencies Tell Us About the Future of Foreclosures
Thinking About Renting Your House Instead of Selling? Read This First.
What Everyone’s Getting Wrong About the Rise in New Home Inventory
History Shows the Housing Market Always Recovers
