Home Values Still On The Rise!
Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows. Home equity is a form of forced savings that can work to your advantage as the value of your home appreciates. Across the country, home equity was increasing before the health crisis swept our nation, and it continues to grow throughout the year, giving sellers powerful options in this market.
“In the second quarter of 2020, the average homeowner gained approximately $9,800 in equity during the past year.”