Homeowners Have a Lot of Equity Right Now
![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20230901/16/original_b387c372-7214-452a-b158-2c4e7e5677ba.png)
Some Highlights
- Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
- Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
- Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).
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