Is A Bigger House Within Your Budget?
Is A Bigger House Within Your Budget?
![]() At this time of year, many families come together to celebrate the season. It's also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home? You may have enough equity in your current home to move up.According to the Q3 2019 U.S. Home Equity & Underwater Report by ATTOM Data Solutions,
This means that one in four of the 54 million mortgaged homes in the U.S. have at least 50% equity. If these homeowners decide to sell, they can use their equity to put toward the purchase of a new home. Maybe you'll be one of them. NAR recently released their 2019 Profile of Home Buyers and Sellers showing that,
Here's the equity gain breakdown based on the number of years these sellers lived in their homes Bottom LineIf you're one of the many homeowners with big dreams of owning a larger home, let's get together. Working with a trusted advisor to find out how much equity you have is a great first step in putting your move-up plan in motion. |
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