Do You Know How Much Equity You Have in Your San Diego Home?
Edward Robinson
Friday, April 8, 2022
Do You Know How Much Equity You Have in Your San Diego Home?
Since this time last year, the average homeowner’s equity grew by $55,300.
How It Benefits You
You can use rising home equity to fuel a move. It may be some (if not all) of what you need for a down payment on your next home.
If you’re a homeowner, your
net worth has gotten a big boost. That’s because recent
home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home
increases in value. Over the past year, the average
homeowner’s equity grew by
$55,300. Ready to sell? Let’s connect to talk about how you can use that equity to fuel your next move.