Homeowners Have a Lot of Equity Right Now

Nicholas Dambrie September 1, 2023

Some Highlights

  • Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
  • Almost half of homeowners are equity-rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
  • Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

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Dambrie Garon Real Estate Advisors offers their clients particular expertise in the buying and selling of single and multi-family properties, new construction, and subdivision projects. Our clients benefit from our insights into home renovations, knowing where and how much to invest to bring a property to its highest and best use, whether for renovation and resale or renovation for the families' own use.