[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$ftlzeiajo83xv":3,"$f2emv3tus0uf1":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},4673,"leverage-your-equity-when-you-sell-your-house","Leverage Your Equity When You Sell Your House","\u003Cp>One of the benefits of being a homeowner is that you build equity over time. \u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230310\u002Fleverage-your-equity-when-you-sell-your-house-KCM.jpg","\u003Cp>One of the benefits of being a homeowner is that you build equity over time. By \u003Ca href=\"\u002F2023\u002F02\u002F06\u002Fthe-top-reasons-for-selling-your-house\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">selling\u003C\u002Fa> your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. \u003Cem>Bankrate\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.bankrate.com\u002Fhome-equity\u002Fwhat-is-home-equity\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">explains\u003C\u002Fa> it like this:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, \u003C\u002Fem>\u003Cstrong>\u003Cem>home equity is the appraised value of your home minus any outstanding mortgage and loan balances\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem>.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Ch4>\u003Cstrong>Majority of Americans Have a Large Amount of Equity\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>If you’ve owned your home for a while, you’ve likely built up some equity – and you may not even realize how much. Based on data from the \u003Ca href=\"https:\u002F\u002Fdata.census.gov\u002Fcedsci\u002Fall?q=mortgage\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cem>U.S. Census Bureau\u003C\u002Fem>\u003C\u002Fa> and \u003Ca href=\"https:\u002F\u002Fwww.attomdata.com\u002Fnews\u002Fmarket-trends\u002Fhome-sales-prices\u002Fattom-q4-2022-u-s-home-equity-and-underwater-report\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cem>ATTOM\u003C\u002Fem>\u003C\u002Fa>, the majority of Americans have a substantial amount of equity right now (\u003Cem>see graph below\u003C\u002Fem>):\u003C\u002Fp>\u003Cp>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230310\u002Famericans-sitting-on-tremendous-equity-MEM.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230310\u002Famericans-sitting-on-tremendous-equity-MEM.png\">\u003C\u002Fa>\u003C\u002Fp>\u003Cp>And having such large amounts of equity is a benefit to homeowners in more ways than one. Rick Sharga, Executive Vice President of Market Intelligence at \u003Cem>ATTOM\u003C\u002Fem>, \u003Ca href=\"https:\u002F\u002Fwww.housingwire.com\u002Farticles\u002Falmost-45-of-homeowners-are-now-equity-rich\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">explains\u003C\u002Fa>:\u003C\u002Fp>\u003Cblockquote>\u003Cem>“Record levels of home equity provide security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>Over time, your home equity grows. In addition to providing financial stability while you own your house, when you’re ready to sell it, that money could go a long way toward \u003Ca href=\"\u002F2023\u002F02\u002F13\u002Fwhat-you-should-know-about-closing-costs\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">paying\u003C\u002Fa> for your next home. \u003C\u002Fp>","\u003Cp>By \u003Ca href=\"\u002F2023\u002F01\u002F30\u002Fwhere-will-you-go-if-you-sell-you-have-options\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">selling\u003C\u002Fa> your house and leveraging your equity, it can be easier to pay for your next home. Let’s connect today so you can find out how much home equity you have and start \u003Ca href=\"\u002F2023\u002F02\u002F15\u002Fshould-you-consider-buying-a-newly-built-home\u002F\" rel=\"noopener noreferrer\" target=\"_blank\">planning\u003C\u002Fa> your next move.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230310\u002Famericans-sitting-on-tremendous-equity-MEM.png",false,[17,21],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up","2023-03-13T10:30:00Z","2023-03-29T18:42:17Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},4671,"buying-a-home-may-make-more-sense-than-renting-infographic","Buying a Home May Make More Sense Than Renting [INFOGRAPHIC] ","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230309\u002FBuying-A-Home-May-Make-More-Sense-Than-Renting-KCM-Share.png","2023-03-10T11:30:00Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},4674,"an-expert-gives-you-clarity-in-todays-housing-market","An Expert Gives You Clarity in Today’s Housing Market","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230313\u002Fan-expert-gives-you-clarity-in-todays-housing-market-KCM.jpg","2023-03-14T10:30:00Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[44,48,52,53,57,61,65,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":49,"name":50,"slug":51},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":22,"name":23,"slug":24},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]