{"id":7601,"date":"2021-09-30T10:00:18","date_gmt":"2021-09-30T10:00:18","guid":{"rendered":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/"},"modified":"2021-09-30T10:00:18","modified_gmt":"2021-09-30T10:00:18","slug":"as-home-equity-rises-so-does-your-wealth","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/","title":{"rendered":"As Home Equity Rises, So Does Your Wealth"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110118\/20210930-KCM-Share-549x300.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"As Home Equity Rises, So Does Your Wealth | Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110118\/20210930-KCM-Share-549x300.jpg 549w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110118\/20210930-KCM-Share.jpg 750w\" sizes=\"(max-width: 549px) 100vw, 549px\"><\/p>\n<p>Homeownership is still a crucial part of the American dream. For those people who <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/06\/18\/owning-a-home-has-distinct-financial-benefits-over-renting-infographic\/\">own a home<\/a> (and those looking to buy one), it\u2019s clear that being a homeowner has considerable benefits both <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/05\/03\/americans-find-the-nonfinancial-benefits-of-homeownership-most-valuable\/\">emotionally<\/a> and <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/04\/08\/homeownership-is-full-of-financial-benefits\/\">financially<\/a>. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/06\/17\/housing-wealth-the-missing-piece-of-the-affordability-equation\/\">wealth<\/a> comes in the form of equity.<span id=\"more-45233\"><\/span><\/p>\n<p><a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/07\/23\/pop-quiz-can-you-define-these-key-terms-in-todays-housing-market-infographic\/\"><strong>Equity<\/strong><\/a><strong> is the difference between what you owe on the home and its market value based on factors like price appreciation. <\/strong><\/p>\n<p>The best thing about equity is that it often grows without you even realizing it, especially in a <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/08\/17\/what-does-being-in-a-sellers-market-mean\/\">sellers\u2019 market<\/a> like we\u2019re in now. In today\u2019s real estate market, the combination of <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/08\/18\/real-estate-its-still-a-lack-of-supply-not-a-lack-of-demand\/\">low housing supply<\/a> and high buyer demand is driving <a href=\"https:\/\/www.simplifyingthemarket.com\/2021\/08\/16\/a-look-at-home-price-appreciation-and-what-it-means-for-sellers\/\">home values<\/a> up. This is giving homeowners a significant equity boost.<\/p>\n<p>According to the latest data from <em>CoreLogic<\/em>, the amount of equity homeowners have has continued to grow as home values appreciate. Here are some key takeaways from the <a href=\"https:\/\/www.corelogic.com\/intelligence\/homeowner-equity-insights\/\"><em>Homeowner Equity Insights Report<\/em><\/a>:<\/p>\n<ul>\n<li>The average homeowner gained <strong>$51,500<\/strong> in equity over the past year<\/li>\n<li>There was a <strong>29.3% increase<\/strong> in national homeowner equity year over year<\/li>\n<\/ul>\n<p>To give you an idea of what that looks like in your area, the map below shows the average equity gains by state.<a href=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110119\/20210930-MEM-Eng-1.png\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-45235\" src=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110119\/20210930-MEM-Eng-1.png\" alt=\"As Home Equity Rises, So Does Your Wealth | Simplifying The Market\" width=\"650\" height=\"488\" srcset=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110119\/20210930-MEM-Eng-1.png 1000w, https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110119\/20210930-MEM-Eng-1-400x300.png 400w\" sizes=\"(max-width: 650px) 100vw, 650px\"><\/a><\/p>\n<h4><strong>What does all of that mean for you? <\/strong><\/h4>\n<p>If you\u2019re already a homeowner, you likely have more equity in your house than you realize. The numbers in the map above reflect year-over-year growth. If you\u2019ve been in your home for longer than a year, you\u2019ll likely have even more equity than that. That equity can take you places. You can use the equity you\u2019ve gained to fuel your next move, achieve other life goals, and more.<\/p>\n<p>On the other hand, if you haven\u2019t purchased a home yet, understanding equity can help you realize why homeownership is a worthwhile goal. Homeowners across the nation gained an average of over $50,000 in equity this year. Don\u2019t miss out on this chance to grow your net worth.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you want to learn more, let\u2019s connect. A trusted advisor can help you understand where home prices are today, how they contribute to a homeowner\u2019s net worth, and the impact equity can have when you own a home.<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it\u2019s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. [&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_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,100,102,101,108],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>As Home Equity Rises, So Does Your Wealth - 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\/as-home-equity-rises-so-does-your-wealth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As Home Equity Rises, So Does Your Wealth - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it\u2019s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\" \/>\n<meta property=\"og:site_name\" content=\"The Zakaria Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/thezakariagroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-30T10:00:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110118\/20210930-KCM-Share-549x300.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\"},\"author\":{\"name\":\"\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\"},\"headline\":\"As Home Equity Rises, So Does Your Wealth\",\"datePublished\":\"2021-09-30T10:00:18+00:00\",\"dateModified\":\"2021-09-30T10:00:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\"},\"wordCount\":401,\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"articleSection\":[\"First Time Home Buyers\",\"For Buyers\",\"For Sellers\",\"Housing Market Updates\",\"Move-Up Buyers\",\"Pricing\"],\"inLanguage\":\"en\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\",\"url\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\",\"name\":\"As Home Equity Rises, So Does Your Wealth - The Zakaria Group\",\"isPartOf\":{\"@id\":\"https:\/\/thezakariagroup.com\/#website\"},\"datePublished\":\"2021-09-30T10:00:18+00:00\",\"dateModified\":\"2021-09-30T10:00:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thezakariagroup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"As Home Equity Rises, So Does Your Wealth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thezakariagroup.com\/#website\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"name\":\"The Zakaria Group\",\"description\":\"The Zakaria Group\",\"publisher\":{\"@id\":\"https:\/\/thezakariagroup.com\/#organization\"},\"alternateName\":\"TZG, MLS\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thezakariagroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thezakariagroup.com\/#organization\",\"name\":\"The Zakaria Group\",\"alternateName\":\"TZG\",\"url\":\"https:\/\/thezakariagroup.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"contentUrl\":\"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png\",\"width\":400,\"height\":173,\"caption\":\"The Zakaria Group\"},\"image\":{\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/thezakariagroup\/\",\"https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw\",\"https:\/\/www.instagram.com\/thezakariagroup\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d\",\"name\":\"\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\"},\"url\":\"https:\/\/thezakariagroup.com\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"As Home Equity Rises, So Does Your Wealth - The Zakaria Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/","og_locale":"en_US","og_type":"article","og_title":"As Home Equity Rises, So Does Your Wealth - The Zakaria Group","og_description":"Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it\u2019s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. [&hellip;]","og_url":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/","og_site_name":"The Zakaria Group","article_publisher":"https:\/\/www.facebook.com\/thezakariagroup\/","article_published_time":"2021-09-30T10:00:18+00:00","og_image":[{"url":"https:\/\/files.simplifyingthemarket.com\/wp-content\/uploads\/2021\/09\/29110118\/20210930-KCM-Share-549x300.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#article","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/"},"author":{"name":"","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d"},"headline":"As Home Equity Rises, So Does Your Wealth","datePublished":"2021-09-30T10:00:18+00:00","dateModified":"2021-09-30T10:00:18+00:00","mainEntityOfPage":{"@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/"},"wordCount":401,"publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"articleSection":["First Time Home Buyers","For Buyers","For Sellers","Housing Market Updates","Move-Up Buyers","Pricing"],"inLanguage":"en"},{"@type":"WebPage","@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/","url":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/","name":"As Home Equity Rises, So Does Your Wealth - The Zakaria Group","isPartOf":{"@id":"https:\/\/thezakariagroup.com\/#website"},"datePublished":"2021-09-30T10:00:18+00:00","dateModified":"2021-09-30T10:00:18+00:00","breadcrumb":{"@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thezakariagroup.com\/as-home-equity-rises-so-does-your-wealth\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thezakariagroup.com\/"},{"@type":"ListItem","position":2,"name":"As Home Equity Rises, So Does Your Wealth"}]},{"@type":"WebSite","@id":"https:\/\/thezakariagroup.com\/#website","url":"https:\/\/thezakariagroup.com\/","name":"The Zakaria Group","description":"The Zakaria Group","publisher":{"@id":"https:\/\/thezakariagroup.com\/#organization"},"alternateName":"TZG, MLS","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thezakariagroup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/thezakariagroup.com\/#organization","name":"The Zakaria Group","alternateName":"TZG","url":"https:\/\/thezakariagroup.com\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/","url":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","contentUrl":"https:\/\/thezakariagroup.com\/wp-content\/uploads\/2018\/10\/logo-1.png","width":400,"height":173,"caption":"The Zakaria Group"},"image":{"@id":"https:\/\/thezakariagroup.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/thezakariagroup\/","https:\/\/www.youtube.com\/channel\/UCX6VeVxc5BNyr8TY1piPyXw","https:\/\/www.instagram.com\/thezakariagroup\/"]},{"@type":"Person","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/3faf57a8142a13b0b75bddafdfe7ec5d","name":"","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/thezakariagroup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g"},"url":"https:\/\/thezakariagroup.com\/author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/7601"}],"collection":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/users\/101010"}],"replies":[{"embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/comments?post=7601"}],"version-history":[{"count":0,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/posts\/7601\/revisions"}],"wp:attachment":[{"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/media?parent=7601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/categories?post=7601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thezakariagroup.com\/wp-json\/wp\/v2\/tags?post=7601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}