Virginia Gardner


Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

Some Highlights

  • If youre worried about whats next for home prices, know the HPES shows experts are projecting theyll continue to rise at least through 2028.
  • Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years.
  • If you're worried about falling home prices, don't be.

The Dramatic Impact of Homeownership on Net Worth

If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.

Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowners net worth is almost 40X greater than a


Ways Your Home Equity Can Help You Reach Your Goals

If youve owned your house for at least a couple of years, theres something youre going to want to know more about and thats home equity. If youre not familiar with that term, Freddie Mac defines it like this:

. . . your homes equity is the difference between how much your home is worth and how much you owe on your mortgage.

That means your equity grows as you pay down your home loan over time and as

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