Last week, CNBC reported that US homeowners have a combined total of $30 Trillion in tappable equity—just shy of the peak of 2022.

Per homeowner, that translates into $200,000 in tappable equity—while leaving 20% equity in the home as a cushion.

So, what can you use your home equity for?

🔨Renovations or home repairs

💰Buying an investment property

🏦Paying off debt

💵Creating an emergency fund

📋Starting a business

What else are homeowners doing with their equity?

Selling. 

In fact, nearly 1 in 4 homeowners are planning on selling in the next 3 years. (Source: Zillow) 

If you're curious to know how much equity you have right now, call or message us!

We'll give you a call to get some more details about your home and prepare a custom report for you, so you have an accurate picture of your financial situation.

We’re excited to dig into this for you. 🙌