Home Equity: A Source of Strength for Homeowners Today

A view of many houses from above.

Kevin Brierton – 11.14.2022 Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter…

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Planning To Retire? Your Equity Can Help You Reach Your Goal.

A woman and man walking their dog through the door way.

Kevin Brierton – 8.18.2022 Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the…

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What Does an Economic Slowdown Mean for the Housing Market?

Two people are studying at a table.

Kevin Brierton – 7.7.2022 According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All…

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How Your Equity Can Grow over Time

A dining room table with chairs and a potted tree.

Kevin Brierton – 7.6.2022 It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.†That’s great for your home’s…

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The Average Homeowner Gained $64K in Equity over the Past Year

A stack of coins with a house on top.

Kevin Brierton – 6.21.2022 If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s…

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