Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20230905/16/original_3e4fce75-2a60-408c-9369-1822f7ee8fa0.png)
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).
Categories
- All Blogs (538)
- Buying a Home (227)
- Condos For Sale (3)
- Home Ownership (86)
- Homes For Sale (6)
- Living on the North SHore (5)
- Mortgages (32)
- Prospective Real Estate Agents (2)
- Real Estate Careers (9)
- Real Estate Market Conditions (126)
- Real Estate School (1)
- Renting (3)
- Salem, MA (2)
- Selling a home (174)
Recent Posts

3 Reasons To Buy a Home This Summer

Why More Sellers Are Choosing To Move, Even with Today’s Rates

What You Really Need To Know About Down Payments

Where Will I Move? A Homeowner’s Guide to Navigating the Big Question

Plumbing Repairs You Should Make Before Selling Your Home

Why Most Sellers Hire Real Estate Agents Today

Radon and Real Estate: What Every Buyer and Seller in Massachusetts Needs to Know

You May Have Enough Equity To Downsize and Buy Your Next House in Cash

Putting Your Home on the Market? Here Are the Top 5 Things You Need to Know

Your House Didn’t Sell. Here’s What To Do Now.
Market Trends for Northeast Massachusetts
Sold Number
Market Trends are calculated using MLS® sold listing data