Weekly real estate market update 4/26/24… how your equity can help with affordability

Coming soon listings are on the rise again this week, a good sign for new inventory in the coming weeks.

Showings are on a steady trajectory in line with new listings…

Overall, new listings continue higher than last year… will be interesting to see if that momentum continues as we proceed towards the traditional annual high point of new listings.

Want to make a move but struggling with affordability? The article below from our blog at Keeping Matters Current explains how your home equity can help. Did you know that 2/3 of homeowners have at least 50% equity?

Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com

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Some Highlights

  • Did you know the equity you have in your current house can help make your move possible?
  • Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer.
  • The typical homeowner has $298,000 in equity. If you want to find out how much you have, let’s connect for a Professional Equity Assessment Report.
Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

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