> At Home Around the Chesapeake Bay: Over Two-Thirds of Americans Have at Least 50 Percent Equity

Tuesday, December 31, 2024

Over Two-Thirds of Americans Have at Least 50 Percent Equity

 

Over Two-Thirds of Americans Have at Least 50 Percent Equity



Over 2/3 of homeowners have either paid off their mortgage or have at least 50% equity in their home. And here’s what this really means for you.

If you’re a homeowner wondering if it even makes sense to move right now, you should know you could have enough equity to buy your next house outright — no mortgage, no worrying about today’s rates.

If you want to find out if you have enough equity to buy your next house in cash too, DM me and let’s chat.