Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]
![Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC] | Simplifying The Market](https://blog.chime.me/www-danielripper-com/wp-content/uploads/sites/1889/2022/04/20220408-MEM.png)
Some Highlights
- If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity.
- Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300.
- Ready to sell? Let’s connect to talk about how you can use that equity to fuel your next move.
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