The below post is a transcription from one of our recent videos. We have added additional information about the topic as well as additional graphics and resources. We hope you find this information helpful, and if there is a real estate topic you would like us to cover, please reach out! We love helping provide Real Estate information for the Denver metro area, which helps our real estate clients and anyone who could use the help.
- You’ve got a big boost in net worth if you’re a homeowner. You have more equity because home prices have appreciated.
- When you pay off your loan and the value of your home increases, your equity grows. Over the past year, the average homeowner’s equity grew by $55,300.
- Ready to sell? We’ll talk about how you can use that equity for your next move.