According to the National Association of Realtors Confidence Index Survey nearly 50% of homes sold during the four weeks ending May 16th sold for more than their list price. In the next 3 months NAR expects home prices to rise another 6% from where they were a year ago. With these quick surges many homeowners are seeing large increases in their home equity, causing many of them to rethink what their home value is in today’s market. If you’ve been thinking of upsizing or simply doing a cash-out refinance, now is the best time to take advantage of today’s hot prices. Find out your home’s worth by clicking here and reach your goals sooner.
You could also take some of your equity to purchase an investment property. With the hot rental market, this also makes an ideal market for the savvy investor. Have you thought about investing in real estate but aren’t sure how to start? Reach out today, let’s strategize a plan based on your current circumstances and begin building your wealth through real estate investment.