You may have heard homeowners today have a lot of equity built up. But what does that really mean? Let’s break it down.Because your equity isn’t just a number, it’s a powerful asset that can help you take your next big step in life.How Much Equity Does the Typical Homeowner Have?Here’s how it works. As you pay down your loan and home prices rise through the years, the share of your home that you own free and clear grows. That’s your equity.And according to data from the Census and ATTOM, two-thirds of homeowners have a substantial amount of it today.39% own their home outright without owing...
For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real.According to Realtor.com and the Census, nearly 12,000 people will turn 65 every day for the next two years. And the latest data shows as many as 15% of those older Americans are planning to retire in 2026. And another 23% will do the same in 2027.If you’re considering retiring soon too, here’s what you should be thinking about.Why Downsize? Now’s the perfect time to reflect on what you want your life to look like in retirement. Because even though your finances will be...
Who doesn’t love a top 10 list? Well, here are two top 10 lists for the housing market this year. But before you take a look, there’s something you should know.If a move is on your radar for 2026, here’s the most important thing you need to understand upfront: there isn’t one housing market this year – there are many.Experts agree 2026 is shaping up to be one of the most geographically split housing markets in years. Some areas are tilting in favor of sellers, while others are opening real doors for buyers. Who has the advantage depends almost entirely on where you are. Selma Hepp, Chief...
If you’ve seen headlines saying foreclosure activity has been climbing for 10 straight months, it’s easy to assume that’s a sign of trouble for the housing market. But when you look at the full picture, a few simple truths become clear:Today’s foreclosure numbers are in line with what’s considered normalHigh home equity is keeping most homeowners in a strong financial positionNone of the data points to a big wave of distressed sales that’ll crash the marketForeclosure Filings Are Up 32%, But That Doesn’t Mean the Market’s in TroubleIf you peel the layers all the way back, what...
Planning to sell this spring? While you may be tempted to hold off until the first blooms or the spring showers hit, that’s actually waiting too long to get started by today’s standards.Buyers have more options than they did a few years ago. So, it’s worth it to tackle repairs now and make sure your house is set up to stand out. Because you don’t want to be caught scrambling right before the spring rush. Or, running out of time to do the work your house really needs. The key is focusing on updates that actually matter. And that’s exactly where return-on-investment (ROI) data...
Want to know the #1 thing homeowners regret when they sell without an agent? It’s that they didn’t price their house correctly for their current market.According to the latest data from the National Association of Realtors (NAR), those sellers agree pricing their home effectively was the hardest part of the process.Top 5 Most Difficult Task for Sellers Who Didn’t Use an Agent:Getting the price rightPreparing or fixing up the houseSelling within the desired time frameHandling all the legal documentsFinding the time to manage all aspects of the saleAnd that makes sense. Pricing isn’t as...
Wondering what to expect from the housing market in 2026? You’re not the only one. For the past few years, affordability has been the biggest barrier standing between most people and their next move. And a lot of buyers and sellers have been holding their breath waiting for things to get better. The good news? It’s finally happening.In 2025, affordability was the best it’s been in 3 years. And experts agree the momentum will keep going in 2026. And that’s based on their analysis of the key factors shaping the housing market in the year ahead: mortgage rates, inventory, and home prices.Lower...
If you’re thinking about selling your house this year, you may be torn between two options:Do you sell it as-is and make it easier on yourself? No repairs. No effort.Or do you fix it up a bit first – so it shows well and sells for as much as possible?In 2026, that decision matters more than it used to. Here’s what you need to know.More Competition Means Your Home’s Condition Is More Important AgainOver the past year, the number of homes for sale has been climbing. And this year, a Realtor.com forecast says it could go up another 8.9%. That matters. As buyers gain more options, they also...
If a move is on your radar for 2026, there’s a lot more working in your favor than there has been in a while.After a stretch where many people felt stuck, 2026 is shaping up to be a year with more balance, more options, and more clarity for people who want to make a move. Not because the market is suddenly “easy,” but because several key conditions are shifting.Here’s what the experts are saying you have to look forward to.Danielle Hale, Chief Economist at Realtor.com:“After a challenging period for buyers, sellers and renters, 2026 should offer a welcome, if modest, step toward a healthier...
When your house doesn’t sell, it does more than disrupt your plans, it hits close to home. You prepared for the next chapter. You told people you were moving. You pictured where you’d go next. And then nothing happened.It’s normal to feel frustrated, confused, or even a little embarrassed. But here’s the part you have to remember: just because your house didn’t sell the first time, doesn’t mean it won’t sell.And here’s what most agents won’t tell you. In most cases, the difference typically comes down to the strategy behind the sale, not the house itself. And there’s real data to back...