How Your Equity Can Grow over Time!
It is true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That is great for your home’s value over the last couple of years, but what if you have lived in your home for longer than that? You may be wondering