Thanks to recent home price appreciation, homeowners have near record amounts of equity and you may too. On average, homeowners have $311K worth of equity.
Once you sell, you can use it to fund your down payment on your next home or maybe even to buy a smaller house in cash.
If you want to find out how much equity you have, connect with an agent. Because it may make a move a lot more feasible than you'd think.
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The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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