Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

Your Homeowner Equity is growing, Here another reason to consider sell or buy your new home as soon as possible. This market advantages will not be here forever.

One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country.

According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain.

This means that “In the first quarter of 2020, the average homeowner gained approximately $9,600 in equity during the past year.”

That’s a huge win for homeowners, especially for those looking to sell their houses and make a move this summer.

Having equity to re-invest in your next home is a major force that can make moving a reality, because the buyers are expressing such a high demand for homes to purchase.

Bottom Line

Now is a great time to consider leveraging your equity and making a move, especially while buyer interest is high. Let’s connect to explore your equity position and make your next move a reality.

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