How To Increase Your Equity Over The Next 5 Years

By
Real Estate Agent with REMAX Realty Group Lic. # SL3154233

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.

Here are the results from the Q2 2019 Survey:

  • Home values will appreciate by 4.1% in 2019
  • The average annual appreciation will be 3.2% over the next 5 years
  • The cumulative appreciation will be 16.8% by 2023
  • Even experts representing the most “bearish” quartile of the survey project a cumulative appreciation of over 6.7% by 2023
  • What does this mean for you?

    A substantial portion of family wealth comes from home equity. As the value of a family’s home (an asset) increases, so does their equity.

    Using the projections from the HPES, here is a look at the potential equity a family could earn over the next five years if they purchased a $250,000 home in January of 2019:

home equity

Based on gains in home equity, their family wealth could increase by $42,000 over that five-year period.

Bottom Line

If you don’t yet own a home, now may be the time to purchase. Owning or moving up to your dream home could allow you to ride the increase in equity of a growing asset. Call today for a free consultation : 239-284-8637 Abby Stiller Realtor with ReMax Realty Group - Hablo Español

info provided by KCM

Posted by

 

Abby Stiller 

Realtor® Lic. #3154233    

12 Years of Experience

RE/MAX Realty Group    Cape Coral Fort Myers Naples  Realtor Cape Coral      

 

I help Home buyers find their dream home & Homeowners sell for more. Thinking of buying or selling? Call/Text me: 239-284-8637

or visit: www.TeamStiller.com

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Will Hamm 08/13/2019 02:27 PM
Topic:
Home Buying
Location:
Florida
Tags:
florida real estate
home buying
low interest rates
home equity
local realtor

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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Abby Stiller,  Great blog and one that more people should see.  Can I reblog it sometime?

 

Aug 07, 2019 11:15 AM #1
Rainmaker
383,032
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Thanks Will Hamm Sure you can share it!

Aug 07, 2019 02:24 PM #2
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3,282,508
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Went to visit Will today and found this re-blogged there, Abby! Another stellar post and all of these points are spot-on too!

Happy Wednesday!

Aug 13, 2019 10:53 PM #3
Rainmaker
383,032
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Thanks Debe Maxwell, CRS Hope many home buyers get to see this information and start calling us to help them to find their future investment. Have a great day!

Aug 14, 2019 07:07 AM #4
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Rainmaker
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Abby Stiller

Professional Bilingual Realtor (239) 284-8637
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