Equity

On the Fence of Whether or Not To Move This Spring? Consider This.

April 14, 2022

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

April 11, 2022

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

April 8, 2022

Some Highlights Your net worth has gotten a big boost if you’re a homeowner. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan, and your home increases in value. Over the past year, the average homeowner’s equity rose by $55,300. Ready to sell? Use

The Future of Home Price Appreciation and What It Means for You

April 7, 2022

Many consumers wonder what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is different today. For example, Odeta Kushi, Deputy Chief Economist at

The Best Week To List Your House Is Just Around the Corner

March 29, 2022

Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several

A Key To Building Wealth Is Homeownership

March 28, 2022

The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve

The Average Homeowner Gained More Than $55K in Equity over the Past Year

March 21, 2022

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect

Don’t Get Caught Off Guard by Closing Costs

March 15, 2022

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started