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Trouble for Housing Market as Underwater Mortgages Rise: Crash Alert?

Marco Santarelli

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

Mortgages 103
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What Is Home Equity and How Can I Use Mine in 2022?

HomeLight

Homeowners with mortgages saw their home equity blossom 31% in 2021, according to a report from CoreLogic, a remarkable increase for such a short period of time. As you map out your plans for 2022, you may be thinking of ways to keep building more equity or use what you’ve recently acquired. What is home equity in simple terms?

Equity 108
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Sell Your House Fast in Houston: Expert Strategies for a Quick Sale

HomeLight

Among the major metropolises, Houston’s housing costs are among the most affordable, drawing in buyers. Get a cash offer with HomeLight’s Simple Sale platform for a fast sale HomeLight’s Simple Sale platform connects you to the largest network of real estate investors in the U.S. The company isn’t BBB accredited.

Sales 63
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Renting vs Buying in Birmingham, AL: Which is Right for You?

Redfin

There are several factors that make Birmingham a favorable place for property investors too, such as its affordable home values, passive income potential, and overall market stability over the last few years. Building equity Owning a home provides a unique opportunity to build equity over time.

Equity 48
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Should I Sell My House Now or Wait? In 2021, Make Hay While the Sun Shines

HomeLight

A tidal wave of demand was met with a sorry amount of housing supply as a result of material costs, supply chain disruptions, and years of chronic underbuilding in the new construction industry. Curious to know where your home equity stands? Refinancing isn’t free, and closing costs total between 2%-5% of the loan amount.

Equity 135
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Find Cash Home Buyers in Austin for a Fast, Simple Sale

HomeLight

This demand for affordable housing sets the scene for real estate investors. The state’s landlord-friendly rules and regulations further encourage investors. These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin.

Sales 70
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I Need to Sell My House Fast in San Diego: What Are My Options?

HomeLight

If you need to sell your house fast in San Diego, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity quickly, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent.