Equity regained with rising home prices.
92% of mortgaged properties across the nation have now regained equity and home equity has increased year over year by $762 billion over the past year. (Source CoreLogic)
“More than 1 million homeowners have escaped the negative equity trap over the past year. We expect this positive trend to continue over the balance of 2016 and into next year as home prices continue to rise,” sais Anand Nallathambi, president and CEO of CoreLogic.
What’s your equity? Time to move?
If you have been thinking about moving and are uncertain of your equity situation or what price you could get for your house, please talk to a First Weber real estate agent who will sit down and provide a complimentary detailed market analysis of your property and its potential value. Current home-for-sale inventory is short in many areas of Wisconsin, resulting in competing offers and higher prices.
You can see homes currently for sale in your area at FirstWeber.com to get an idea of what homes are priced at in your community. Here’s a preview of all of First Weber’s real estate services.
First Weber sells real estate throughout Wisconsin:Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwestern WI, Central Wisconsin, Western Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com