Family Wealth Grows as Home Equity Builds

With residential real estate values rising quite substantially in most parts of the country over the last few years, many homeowners are seeing a major increase in their family’s wealth as equity continues to build in their house.

recent study by the Joint Center of Housing Studies at Harvard University revealed that home equity grew nicely last year and has grown dramatically over the last five years…


Buyers looking today may not see the same build-up in equity but could still do quite well.

Let’s assume you went into contract in the next six weeks and closed on a $250,000 home in January. If we take the house value projections from the last Home Price Expectation Survey, here is how your equity would grow over the next four years:



Homeownership has historically been a great way for the average American family to build wealth over time.

98e11125 9350 4d1a 873b 2c41f14dec3a 3b445a33 5b08 4979 a4bb dbb81a89c452 36389417 4226 4580 931a 68dde5e37718 a6aa37f9 17e8 4a76 9683 e292532cec88 18e99b1e 5ab5 4e64 9bc8 b76f0196bf97 bcd08f20 0aaa 439d be10 d3c413a30633 3da88ffc 5193 4a84 8c24 eed4bd41c60e e6050414 bf25 49f2 9aa3 ee9da9592cfe ecb426b9 cc21 445b 92d8 14e612323038 be38572b 4930 4fca 8c9f 5fd3a3d1648f 12ddd1c9 ce1c 458b a8fe 4aa217cc0d0e 1d850cb4 cf7b 4e76 aa82 9e765b4738ca 96234d42 ba4e 4864 901a 072a9ad1276c 822593c1 0029 45cc ab76 14dac3bfc872 f65a1eeb f49d 45d9 a6e8 510bdb89afcb 0a95d24f 7392 4642 ab12 8e9a44a2204d e550bdc8 766a 4f69 be33 c5fb4f11e5fb fd5c406e c2c8 4b13 8141 ecf62f7600d7 8d80caa7 193b 48a4 900b a4477ce52a87 0bda0f77 3ef5 4f32 9892 d5b6e0e6fffa 2a3048a4 836a 46fb 8319 d05d0a5450c2 df84604b 6adf 4312 baf2 794bd4a6e730 2c3060c2 f016 45b2 955e 577a35bc71d2