Some Highlights
- Your home equity grows as you pay down your home loan and prices increase. With home prices rising again, your equity is getting an extra boost.
- Almost half of homeowners are equity-rich because they have at least 50% equity. If you’ve been in your home for a while, you might have also gained a considerable amount of equity.
- Want to find out how much home equity you have? Contact a trusted real estate agent at KM Realty Group LLC, Chicago, for a Professional Equity Assessment Report (PEAR).