Did the Housing Market Give You an Early Gift?

By
Real Estate Agent with Keller Williams Realty

This holiday season, many homeowners are discovering that the housing market gave them an early gift—and that gift is equity!

 

During the worst of the housing crisis, home prices plummeted, and millions of homeowners saw all the equity in their homes vanish. However, over the last couple years, the housing market has improved significantly, and home prices have recovered along with the market. In fact, in 2013 the average home sale price rose by 10.9 percent. The rising home prices helped 3.5 million homeowners regain equity in 2013, and more than 300,000 thousand in the first quarter of 2014.  

 

Because the market has recovered so significantly, many homeowners are choosing to reevaluate their situations. Homeowners who were underwater on their mortgages just a year ago are discovering that they aren’t any longer, while others are discovering they’ve regained enough equity to finally sell their homes. No matter what your situation has been, it’s important to know where you stand.

 

In my report entitled “Did the Holidays Come Early? See how much equity you earned this year!”, I explain the factors driving up home prices and what the rising prices mean for you. No matter what your situation has been, it’s important to know that it may have completely changed!

 

You can download the report from my website www.donnahelpshomeowners.info.  After reading the report, contact me today to discover what your home is worth now.

 

 

To Your Success,

Donna Tashjian

Comments (2)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Donna - You are right, in many regions home values increased in 2014.

Nov 30, 2014 07:57 AM
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Donna,  a refreshing read today which is well thought out and dead on of our experiences.

Nov 30, 2014 08:37 AM