Equity regained with rising home prices.
91% of mortgaged properties across the nation have now regained equity. And, 76% of households have significant equity – defined as more than 20%. (Source CoreLogic)
“We see home prices rising another 5% in th ecoming year based on the latest projected national CoreLogic Price Incex. Assuming this growth is uniform across the U.S., that should release an additional 700,000 homeowners from the scourge of negative equity,” said Anand Nallathambi, president and CEO of CoreLogic.
What’s your equity? Time to move?
Maybe you thought seriously about moving a few years ago. Sat down with an agent, got your market analysis and everything. Except you were disappointed with your home’s value at that time. Times have changed! Sellers are in a wonderful position today. 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