Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Buyers • November 28, 2022

Build Your Net Worth Through Equity

by Bob DeVore

If you’ve set out to buy a home, you’re likely balancing your own needs with higher mortgage rates and today’s home prices. That can feel challenging. But know that making a purchase today can pay off in the long run as you build your net worth through equity.

Related Articles
Sellers Unlocking the Benefits of Your Home’s Equity Equity is the difference between what your house is worth and what you still owe on your mortgage. The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you can use that equity. Want to know how much equity […]
Buyers How the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t […]
Buyers A Newly Built Home May Actually Be More Budget-Friendly If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
Logo_139060_Professionals_HZ_STK_W_MO
realtor_white-71x83.png
logo_cbgl_139060_professionals_rgb_hz_stk_black
CB Relocation l
CB PREMIER

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2023 Coldwell Banker Realty

©2022 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.