You might be seeing news discussing a decrease in homeowner equity. It's crucial to note that equity is closely linked to the value of homes. When home prices increase, so does equity, and vice versa. Let's look at how this dynamic has unfolded recently. During the 'unicorn' years, home prices sur

  In the current landscape of real estate, one element that conspicuously stands out is the robustness of the housing market. This is particularly noticeable in southern Maine, specifically in Cumberland and York counties, where the real estate sector is demonstrating unprecedented resilience. In fa

  Embarking on the journey to buying your first home is an exhilarating decision and a significant milestone that has the potential to elevate your life in many ways. Being a first-time homebuyer, this is a vision you can actualize. However, as the National Association of Realtors (NAR) points out,

Current homeowners are holding onto substantial equity despite recent easing in home price appreciation. As a homeowner, you probably have experienced an increase in your net worth in recent years due to rising home prices. This has major implications for you, even as the market moderates. Housing