Home Equity is a big topic! Right now, homeowners have more equity in their homes than we’ve seen in the history of our country. In fact, homeowners in the United States are sitting on $10 trillion of home equity wealth. To give you an idea of how fast this growth happened, just in the first half of 2020, home equity increased by $620 billion. So, yes…this is a BIG TOPIC!
But is now the right time to pull equity out of your home? Will it lead to greater wealth, or is it better to invest elsewhere? Should you take advantage of the trend?
In today's episode of the ZABE Smart Mortgage Podcast, Fidel Dorado talks with Real Estate Investor Hector Medina, who’s also a Broker-Associate at Cal Prime Realty, about SMART ways to get the most out of your Home Equity.
Thank you for joining us on today's episode of the ZABE Smart Mortgage Podcast. If you've enjoyed this podcast, please take a moment to give us a rating and review. It will help with visibility for future listeners who are looking for smart mortgage facts and tips.
We'll be back for another episode of the ZABE Smart Mortgage Podcast!
Because we believe in Homeownership by Design, which is developing or creating a plan to achieve your purpose for homeownership we want to help you and your family build wealth by properly acquiring, managing, and understanding homeownership. Give us a call at (559) 664-1930.