Biggest Home Equity Gains in 60 Years

As the United States is poised for a real estate recovery in most markets, homeowners are beginning to see significant gains in the value of their homes.  After years of declining values, sellers have seen the light at the end of the tunnel and their homes are gaining equity at record paces.  In fact home equity values in the U.S. rose to $6.7 trillion, the highest since 2008, this was a gain of 7.3%, the highest jump in 60 years.  What does this mean for you?  If you have been sitting on the sidelines waiting to decide when to sell your home, now is the time.  In fact, with inventories as low as they are, sellers in many cases aren’t just getting their list price, but often they are seeing multiple offers being delivered and consequently they are actually walking away with a sales price higher than what they listed their home for.  If you are interested in a no obligation market analysis of your home, contact me today.  For more on this story, check out

Bloomberg- Americans See Biggest Home Equity Jump in 60 Years 

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