Some Highlights
- If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity.
- Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300.
- Ready to sell? Reach out to our team at Rise Up Real Estate Group to talk about how you can use that equity to fuel your next move.
Original article found at https://www.keepingcurrentmatters.com/2022/04/08/do-you-know-how-much-equity-you-have-in-your-home-infographic/