Key Takeaways: Homeowners continuously build their financial wealth simply by making monthly mortgage payments—so you may have accumulated more equity than you think! Average gains in equity have increased considerably over the past year, which means now’s the time to explore your real estate options. Equity is power in today’s competitive market—contact the Jim Dolanch […]
Tag Archives: building equity
Spring Into Action if You Are Ready to Move
Key points: Considering moving this year but not sure if you want to move in the winter? Here is why now is the perfect time to buy a home! Historic mortgage rates, high appreciation in homes, and elevated buyer demand allow sellers and buyers alike to succeed in today’s market. Interested in moving and ready […]
What to Do When You’ve Outgrown Your Home
Equity Increases for Homeowners Nationwide
Key takeaways: The average homeowner saw an increase of around $17,000 in equity over the last 12 months. In total, U.S. homeowners with mortgages have gained a total of $1 trillion in equity since the third quarter of 2019. Thanks to a 10.8% increase in equity over the last year, the average American household that […]
Why Now Is a Great Time to Buy a House
Key Takeaways: From a financial perspective, now is a great time to buy a house, especially as mortgage rates hover at an all-time low. Investing in real estate can increase your wealth even if the economy is in a recession. Do you still have questions about investing during a recession? We’d be happy to give […]
Why Homeownership Is Key to Building Wealth
Key Points: A primary home accounts for 90% of the total wealth of a family in the United States. Because real estate typically increases in value over time, owning a home is considered one of the soundest investments you can make. If you’re a first-time buyer, homeownership will always be a great opportunity to build […]