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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Equity Gain Growing in Nearly Every State

Equity Gain Growing in Nearly Every State | Simplifying The Market

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position.

Home equity is defined as the difference between a home’s fair market value and the outstanding balance of all liens on the property. While homeowners pay down their mortgages, the amount of equity they have in their homes climbs each time the value increases.

Today, the number of homeowners that currently have significant equity in their homes is growing. According to the Census Bureau, 38% of all homes in the country are mortgage-free.  In a home equity study, ATTOM Data Solutions revealed that of the 54.5 million homes with a mortgage, 26.7% of them have at least 50% equity. That number has been increasing over the last eight years.

CoreLogic also notes:

“…the average homeowner gained approximately $5,300 in equity during the past year.”

The map below shows a breakdown of the increasing equity gain across the country, painting a clear picture that home equity is growing in nearly every state.Equity Gain Growing in Nearly Every State | Simplifying The Market

Bottom Line

This may be the year to take advantage of your home equity by applying it forward, either as you downsize or as you move up to a new home.

GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
417 S Palmetto Avenue Daytona Beach FL 32114
Open House Sat, Jun 7, 11 AM
1 / 62
$715,000
4
BEDS
3
TOTAL BATHS
3,143
SQFT
417 S Palmetto Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Absolutely stunning 4BR/4BA custom-built coastal home offering breathtaking views of the marina and river! Built in 2019 with no expense spared, this exceptional property features a full mother-in-law suite with its own private entrance, full kitchen

Listing courtesy of Amy Hall of RE/MAX Signature
6091 Red Stag Drive Port Orange FL 32128
New Listing - 6 hours on site
1 / 57
$600,000
3
BEDS
3
TOTAL BATHS
2,627
SQFT
6091 Red Stag Drive Port Orange, FL 32128
Single Family Residence For Sale
- Active

Coastal Luxury at Its Finest! From the moment you step through the door, you'll feel it—this is something special. Nestled in a highly sought-after Sterling Chase Subdivision, this stunning 3-bedroom, 2-bath home seamlessly blends COASTAL CHARM with

Listing courtesy of Christopher Dunlop of Call It Closed International Realty
3970 Sunset Cove Drive Port Orange FL 32129
New Listing - 6 hours on site
1 / 41
$425,000
4
BEDS
2
TOTAL BATHS
2,528
SQFT
3970 Sunset Cove Drive Port Orange, FL 32129
Single Family Residence For Sale
- Active

Do not miss your opportunity to own this beautiful four bedroom, two bath home on a cul-de-sac in the highly coveted Sunset Cove! Home has been meticulously maintained and is completely turn key, all it needs is a new owner! The updated kitchen has s

Listing courtesy of Matthew McLean of Shoreline Realty

Check out some of these most popular home searches here at Daytona Beach Property Search

  • Homes for sale in the Inter coastal waterway
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  • Homes for sale in Port Orange along Spruce Creek Rd
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  • Homes For Sale in LPGA
  • Homes For Sale in the Spruce Creek High School District ( TOP RATED SCHOOLS)

SEARCH ALL HOMES IN THE GREATER DAYTONA BEACH AREA HERE

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Related posts:

  1. One of the Top Reasons to Own a Home
  2. The Benefits of Growing Equity in Your Home
  3. How to Increase Your Equity Over the Next 5 Years
  4. Buyer Demand Growing in Every Region

Posted in: Blog, For Buyers, For Sellers, Move-Up Buyers, Pricing

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Latest Real Estate Information

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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Contact James Today

James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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