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Why Growing Home Equity Is Great News if You Plan To Move

By Kris Collis, Associate Broker

Real Estate Agent with Smart Way America Realty AB067859

July 09, 2022 10:13 PM

Why Growing Home Equity Is Great News if You Plan To Move

Some Highlights

According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months.
That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home.
To find out how much equity you have in your home and how you can use it, let’s connect today.

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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI

HomeSmart Real Estate - Scottsdale, AZ

Arizona Homes and Land Group/ Buy or Sell

Thanks for the update and I see that Arizona is above the national average in building equity. Sooooo much better than paying rent without building equity and only to see your rents go up. Even if one earned no equity which is unlikely, by locking in a fixed mortgage one avoids rent increases and also tax deduction advantages of mortgage interest deductions.

Jul 09, 2022 10:24 PM

Richard Weeks

Dallas, TX

REALTOR®, Broker

Great information, thanks for sharing. I hope you have a great day.

Jul 11, 2022 04:04 AM

Why Growing Home Equity Is Great News if You Plan To Move

Why Growing Home Equity Is Great News if You Plan To Move

Some Highlights

Comments(2)

Kris Collis, Associate Broker

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