Tag Archives: home equity

Average homeowner gained $33,400 in equity last year: CoreLogic

By | | Uncategorized
Comments Off on Average homeowner gained $33,400 in equity last year: CoreLogic

The average annual equity gain from Q1 2020 to Q1 2021 for homeowners with mortgages is the highest in at least a decade, according to CoreLogic. Continue reading →

Homeowners are cashing out equity like it’s 2005

By | | Uncategorized
Comments Off on Homeowners are cashing out equity like it’s 2005

With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of the housing bubble. Continue reading →

Equity gains for Black owners are progress, but more work is needed

By | | Uncategorized
Comments Off on Equity gains for Black owners are progress, but more work is needed

The home equity gains made by Black homeowners in recent years are worth celebrating, but there’s a long way to go. Here are a few ways the industry can help. Continue reading →

How looking out for your clients today and into their future matters

By | | Uncategorized
Comments Off on How looking out for your clients today and into their future matters

Connecting your clients to a variety of professionals who can assist with their home purchase and be a resource for their overall financial picture helps establish you as the real estate resource and professional for future home purchase needs. Continue reading →

Ways to Bolster Your Finances Due to the Coronavirus

By | | Uncategorized
Comments Off on Ways to Bolster Your Finances Due to the Coronavirus

The coronavirus outbreak, we know, is a health crisis and a national economic crisis. It’s also, for many Americans, a personal-finance crisis. Many of us, especially those in our 50s or 60s, are now very worried about our money due to the pandemic. Th… Continue reading →

WATCH: Trading homes like stock

By | | Uncategorized
Comments Off on WATCH: Trading homes like stock

Thomas Sponholtz, founder and CEO of Unison, explores the idea of trading equity on a home during this panel at Inman Connect New York 2020. Continue reading →

Growing number of homeowners feel ‘house rich and cash poor’

By | | Uncategorized
Comments Off on Growing number of homeowners feel ‘house rich and cash poor’

Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study released Tuesday. Continue reading →

46% of homeowners say rising home prices have made life worse

By | | Uncategorized
Comments Off on 46% of homeowners say rising home prices have made life worse

According to a Redfin survey of 3,000 Americans who bought or sold a home in the last year, 46 percent of respondents say rising home prices have made their lives worse. Continue reading →

Patch Homes, another cash-for-equity startup, clinches funding

By | | Uncategorized
Comments Off on Patch Homes, another cash-for-equity startup, clinches funding

With an additional $5 million in financing, Patch Homes is among a growing list of startups that let homeowners sell an equity stake in their home for cash. Continue reading →