Homeowners Have a Lot of Equity Right Now
- laura25077
- Sep 1, 2023
- 1 min read
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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