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You May Have Enough Equity To Downsize and Buy Your Next House in Cash
Have you been holding off on downsizing? If so, you should know your equity could make your move possible.
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Have you been holding off on downsizing? If so, you should know your equity could make your move possible.
When your house doesn’t sell, it doesn’t just feel frustrating – it feels personal.
After years of it feeling almost impossible to find a home you want to buy, things are changing for the better.
A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price.
If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time.
If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go.
Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on.
As you think ahead to your own move, you may have noticed some houses sell within days, while others linger.
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.
For a long time, the housing market was all sunshine for sellers.