The amount of wealth Americans have in their homes has increased significantly.
On average, homeowners gained 33,400 in equity over the past 12 months, with the average equity on mortgaged homes now 216,000.
When you are ready to sell, your home equity can help you...
1. Send your kids to college
2. Buy your dream home
3. Or, buy a vacation home
4. Take a vacation
5. Start a business
And, the lists goes on...
Reference: Keeping Current Matters