Are you in the market for a new home? If an executive style home is on your horizon, now is the perfect time to put your new home under contract for early 2020 move-in dates. Are you moving up? There are plenty of homebuyers waiting for you to put your house on the market. In fact, if you have not had your current home’s value checked out lately, consider this article from KeepingCurrentMatters.com
Time to Move UP?
Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value.
CoreLogic just released their 2019 3rd Quarter Homeowner Equity Insights Report. The report revealed that:
“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”