Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year.
If you’re looking for the best ways to use your growing equity, here are four options:
1. Use Your Equity To Buy a Home That Fits Your Needs
If you’re finding you no longer have the space you need, it might be time to move into a larger home. Or, it’s possible you have too much space and would like something smaller....
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise.
With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we’ll continue to see a rash of troublesome headlines over the next few months. To make sure you aren’t paralyzed by a headline, turn to reliable resources for a look at what to expect from the housing market next year.
There are already alarmist headlines starting...
Florida Mortgage | Don’t Fear Today’s Real Estate Market | Buying a home doesn’t have to be scary, even in a sellers’ market. Let’s connect today to take the fear out of the equation. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Tired of Rising Rents? Rents have risen consistently over the last 30 years, and they’re not showing signs of stopping. Let’s connect today if you’re ready to purchase a home and move on from renting. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Selling Your House Is Twice as Nice | Compared to this time last year, selling your house is twice as nice. Let’s connect so we can strike while the iron’s hot. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
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The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:
“At least 1.7 million more older workers than expected retired due to the pandemic recession.”
If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity...
Florida Mortgage | Expert Quotes on the Fall Housing Market. Experts agree that the housing market is still strong this fall and gives both buyers and sellers unique opportunities. Let’s connect if you’re ready to make a move this season. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
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Florida Mortgage | Homeownership Is Still Affordable | Even with today’s growing home price appreciation, homeownership is still affordable. Let’s connect to make your homeownership goals a reality. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany