Many homeowners find themselves in a unique position: they’re sitting on substantial home equity. Thanks to the remarkable surge in housing prices, American homeowners now collectively possess nearly $30 trillion in home equity, almost reaching the peak of 2022.
This means that, on average, homeowners have around $200,000 in equity that’s accessible – a significant financial resource that can be strategically leveraged.
Get your equity out now
Home sales are beginning to decline. Your home equity is at its peak and you are at risk of losing the full value of the wealth you’ve amassed over the last few years. Homes that are priced right are still selling fast. Based on the latest data from the Confidence Index from the National Association of Realtors (NAR):
- 69% of homes sold in less than a month
- 2.6 offers: the average number of offers on recently sold homes
Selling your home now allows you to take advantage of your profit and secure the full amount of your equity. So, if you’ve been contemplating making a real estate move, now is the ideal time to unlock the value of the equity.
Get a free professional equity assessment report?
As the top real estate team in Michigan, we have a pool of buyers looking for a property like yours! We’re going to go beyond simply telling you what your home is worth. That number is only half the story. If you want to know how much equity and buying power you have, simply fill out this form and we’ll provide you with a Professional Equity Assessment Report.