Market Update: Your Home Equity Could Make Moving Possible

Homeowners are sitting on near-record levels of equity—averaging around $311,000. If you’re thinking about moving, that equity could help fund your next down payment or even cover the cost of a smaller home in cash. Curious? Keep reading for more.

Some Highlights

• Thanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.

• Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.

• If you want to find out how much equity you have, let's connect. Because it may make a move a lot more feasible than you'd think.