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If you’ve been on the fence about selling your house, this spring might just be the sweet spot. There are more homes for sale right now than there were last year, which means you’ll have more options for your next home. At the same time, inventory is still really low, so you’ll face less competition from other sellers. Let’s chat and get the process started today
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Understanding how rates impact your purchasing power is important when buying a home. Don't let changing mortgage rates catch you off guard – they can make a big difference in what you can afford and how much you’ll pay each month. To talk through how all of this affects your plans, DM me and reach out to a trusted lender.
Americans are sitting on tremendous equity these days. Nearly two-thirds of homeowners have at least 50% equity – and that much equity can be a real game changer. If you sell your current house, you can use your equity towards your down payment. You may even have enough to buy your next home in cash. Curious about how much equity you have? Let’s chat.
Hey everyone, let's talk business. If you're eyeing a move, this equity situation could be your ace in the hole. Imagine what you could do with that extra leverage when it comes to making big decisions.
Curious about the numbers? Let's dive in together and figure out just how much equity potential is hanging out in your property. From smart investments to upgrading your digs, that equity could open some serious doors.
No pressure, just possibilities. Give me a call, and we'll have a chat about your equity and the exciting opportunities it could bring.
Homeowners are sitting on record equity. By the end of Q3 of this year, borrowers had a record $9.4 trillion in home equity according to Black Knight.
About 24% of those with mortgages had an interest rate below 3%.
So if you are house rich and ready to cash in on this market, let's connect to discuss what your home is worth in today's market. Call or text 239-370-0892.
Naples Golf Guy | Matt Klinowski P.A. | Downing Frye Realty
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America's equity-rich properties increase to record high
America's equity-rich properties increase to record high
In the fourth quarter of 2018, more than 14.5 million American properties were rich with equity, according to ATTOM Data Solutions’ Home Equity & Underwater Report.
ATTOM defines equity-rich properties as those with secured loans that are 50% or less of the property’s estimated market value.
According to ATTOM’s analysis, Q4’s total has risen by more than 834,000 year over year, marking the…
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Do You Know How Much Your Home Has Increased in Value? http://bit.ly/2UqAV1G Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their homes. Recently, the 2018 Houzz & Home Study revealed: “Homeowners with mortgages have seen their home equity more than double since 2011, increasing to a record-setting $8.3 trillion in 2017.” The average homeowner gained $16,200 in home equity between Q2 2017 and Q2 2018 according to the latest release of CoreLogic’s Home Equity Report. Since 2011 home values have increased significantly throughout the country, with prices rising by 5.1% in 2018 alone. When surveyed, homeowners revealed the top four reasons why they felt their homes had increased in value. Desirable Location Improved National Economy Improved Local Economy Low Home Inventory in My Area As we can see, not only does the data show that the homes have appreciated, but homeowners also believe they know why. Many have taken advantage of the opportunity to use their newly found equity to sell their current house and move up to their dream home! 2019 will be a good year for the homeowners that still want to take advantage of their home equity! CoreLogic forecasts that home prices will increase by 4.8% by the end of the year. #sellers #buyers #relocation #downsize #equityrich #getequity #realestate #realtyonegroup #seeyouontop #claudia #oc #la #ie #ready #call #bringingresults #stern https://www.instagram.com/p/BtTOsGZHrJ8/?utm_source=ig_tumblr_share&igshid=1rgvafy2dwsyq
Number of equity-rich properties soars to new high
Number of equity-rich properties soars to new high
The number of mortgaged properties in the U.S. that are equity-rich has soared to 14.5 million – a new high, according to the latest report from ATTOM Data Solutions.
The report shows that 25.7% of the 155 million mortgaged properties it analyzed are equity-rich. This means that these properties have a loan-to-value ratio of 50% or lower, leaving the homeowner with at least a 50% equity stake.
Th…
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