Your Home Equity Could Make Moving Possible
Some Highlights
- Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.
- Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.
- If you want to find out how much equity you have, connect with an agent. Because it may make a move a lot more feasible than you'd think.
You may have seen talk online that new home inventory is at its highest level since the crash.
Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market.
