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10,000 Baby Boomers reach the typical retirement age (65) every day. If you already own a home, you’ve likely built-up significant equity that can help fuel your next move. According to the National Association of Realtors (NAR):
“A homeowner who purchased a typical home five years ago would have gained $125,300 from just price appreciation alone.”
In fact over the last 12 months, the average homeowner gained roughly $64,000 in equity due to home price appreciation.
“A homeowner who purchased a typical home five years ago would have gained $125,300 from just price appreciation alone.”
Bottom Line
A trusted real estate advisor can guide you through the process of buying or selling a home. They can help you sell your current home and give you expert advice as you buy one that’ll better suit your needs.
