Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house?
An important factor shaping today’s market is the number of homes for sale.
Holding off on selling your house because you believe there aren’t any buyers out there?
One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy?
Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities.
Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low.
Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
Have you ever wondered how inflation impacts the housing market?
Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are?
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.