How Much Home Equity Have You Gained? The Answer Might Surprise You

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner?

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner?
For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows.
A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house.
If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.
Now that spring is here, more and more buyers are jumping back into the market, and competition is heating up.
From my monthly report from Credit Suisse and their survey of real estate agents nationwide on what they’re seeing in the marketplace, another solid indicator of how quickly the market has turned around. Traffic levels exceeded agents’ expectations in the region during the month of May, and 88% of agents reported that home prices increased…
Hiring an agent when buying a home helps you understand the buying process and the local market.