Thanks to rising home values and limited housing supply, the average homeowner now has around $267,000 in equity, creating a comfortable cushion even in uncertain times. With nearly 40% of homes fully paid off and the total value of owner-occupied homes at a record $48.2 trillion, homeowners are in a strong position to feel secure and optimistic about their investments. It’s not too late to get into the market. The best time to buy a home was yesterday, the second-best time is today – so let’s get started!
