Inside Real Estate Show With Darin Persinger | Home Buying | Home Selling | Homeownership

Are Homeowners Clueless About Home Equity & Real Estate Values? | Inside Real Estate Show #23

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Sinopsis

Lake Stevens, Everett, Snohomish, Monroe Washington Home Owners don't know how much equity they have in their homes and how much real estate values have increased over the last few years. Darin Persinger, host of http://insiderealestateshow.com shares his insights on this topic and real estate in this episode. Are Lake Stevens, Everett, Snohomish, Monroe Washington Home Owners Clueless About Home Equity & Real Estate Values? | Inside Real Estate Show #23 This according to a CNBC article that states, ""57% of homeowners said they believe their home value has improved in the last three years, but the majority, 80% underestimated the amount of value it has gained..." http://www.cnbc.com/2016/02/22/owners-clueless-about-home-equity-study.html The reason you need to know how much your home value is appreciating is knowing if you have equity to pull out - maybe in the form of HELOC - to updates, remodels and general upkeep of your property. Or perhaps you need to use your home equity for debt consolidation. Or