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Updated about 2 months ago on .

User Stats

132
Posts
24
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Desiree Rejeili#1 Market Trends & Data Contributor
  • Real Estate Agent
  • Virginia, Maryland and North Carolina
24
Votes |
132
Posts

Your Home Equity Could Make Moving Possible

Desiree Rejeili#1 Market Trends & Data Contributor
  • Real Estate Agent
  • Virginia, Maryland and North Carolina
Posted

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, connect with an agent. Because it may make a move a lot more feasible than you'd think.​