{"id":1919,"date":"2017-07-25T10:00:45","date_gmt":"2017-07-25T10:00:45","guid":{"rendered":"https:\/\/thezakariagroup.com\/rising-home-prices-mean-great-news-for-homeowners\/"},"modified":"2017-07-25T10:00:45","modified_gmt":"2017-07-25T10:00:45","slug":"rising-home-prices-mean-great-news-for-homeowners","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/rising-home-prices-mean-great-news-for-homeowners\/","title":{"rendered":"Rising Home Prices Mean Great News for Homeowners"},"content":{"rendered":"<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"648\" height=\"354\" src=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114730\/20170725-Share-STM.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Rising Home Prices Mean Great News for Homeowners | Simplifying The Market\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" srcset=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114730\/20170725-Share-STM.jpg 750w, http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114730\/20170725-Share-STM-549x300.jpg 549w\" sizes=\"(max-width: 648px) 100vw, 648px\"><\/p>\n<p>Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we\u00a0<a href=\"https:\/\/www.simplifyingthemarket.com\/2017\/07\/03\/nar-data-shows-now-is-a-great-time-to-sell\/?a=357097-d98bb2836a7be92ba06574347ce699e8\">mentioned before<\/a>, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers who are out looking for homes, which has caused prices to rise.<span id=\"more-35870\"><\/span><\/p>\n<p>The great news about rising prices, however, is that according to\u00a0<em>CoreLogic\u2019s <\/em><a href=\"http:\/\/www.corelogic.com\/about-us\/researchtrends\/homeowner-equity-report.aspx#.WV6BzukpCUk\"><em>Homeowner Equity Report<\/em><\/a>,\u00a0the average American household gained over $14,000 in equity over the course of the last year, largely due to home value increases.<\/p>\n<p>The map below was created using the same report from\u00a0<em>CoreLogic\u00a0<\/em>and shows the average equity gain per mortgaged home during the 1<sup>st<\/sup> quarter of 2017\u00a0<em>(the latest data available)<\/em>.<\/p>\n<p><a href=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114815\/20170725-STM-ENG.jpg\"><img decoding=\"async\" class=\"alignnone wp-image-35872\" src=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114815\/20170725-STM-ENG.jpg\" alt=\"Rising Home Prices Mean Great News for Homeowners | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114815\/20170725-STM-ENG.jpg 2000w, http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114815\/20170725-STM-ENG-400x300.jpg 400w, http:\/\/d39ah2zlibpm3g.cloudfront.net\/wp-content\/uploads\/2017\/07\/10114815\/20170725-STM-ENG-1024x768.jpg 1024w\" sizes=\"(max-width: 650px) 100vw, 650px\"><\/a><\/p>\n<p>For those who are worried that we are doomed to repeat 2006 all over again, it is important to note that homeowners are investing their new-found equity in their homes and themselves, not in depreciating assets.<\/p>\n<p>The added equity is helping families put their children through college, invest in starting small businesses, pay off their mortgages sooner and even move up to the home that will better suit their needs now.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you are a homeowner looking to take advantage of your home equity by moving up to your dream home, let\u2019s get together to discuss your options!<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we\u00a0mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers who are out looking for homes, which has caused prices to rise. The great news [&hellip;]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[100,101,108],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rising Home Prices Mean Great News for Homeowners - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/rising-home-prices-mean-great-news-for-homeowners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rising Home Prices Mean Great News for Homeowners - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Recently there has been a lot of talk about home prices and if they are accelerating too quickly. 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