- 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? Get in touch today to talk about how you can use that equity to fuel your next move!
Article source: https://www.keepingcurrentmatters.com/2022/04/08/do-you-know-how-much-equity-you-have-in-your-home-infographic/.