nextstep: Should I Stay or Should I Sell? - 01/29/19 10:48 AM
Elliot Eisenberg, The Bow Tie Economist, told me that 40% of homes in the US are free and clear of the mortgage. If not totally free and clear there is a whopping 45% who have over 50% equity.  Who would those people be?  They're probably Baby Boomers who've lived in their home 15+ years or investors. 
Every homeowner considers selling at some point. The question is why would they sell?  The National Association of Realtors says 80% of homeowners considered remodeling. There are lots of questions in deciding to stay or to sell.
Most people who have been in the home for 10+ … (1 comments)