An Increase in Equity

Becoming and being a homeowner is one of the greatest accomplishments and instills a true sense of pride. It’s one of the greatest investments you can make and it really is a “gift” that keeps on giving. Value traditionally only increases and you can receive a high ROI when it comes time to downsize, change location, or upgrade for a growing family. SO, as a homeowner, you should always feel rich. Rich in assets, rich in value, and rich in home equity. Due to rising home prices, homeowner equity has doubled over the last five years and it doesn’t look like it will stop anytime soon. Homeowners can expect to continue to see gains over the next several months with the way the market is performing. CoreLogic CEO¬†Anand Nallathambi, says “A 5 percent rise in home values over the next year would create another $1 trillion in home equity wealth for home owners.” It’s a great time to be a homeowner!

Cheerful elder woman with gardening tool in backyard

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