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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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Leverage Your Equity When You Sell Your House

Leverage Your Equity When You Sell Your House Simplifying The Market

One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this:

“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.”

Majority of Americans Have a Large Amount of Equity

If you’ve owned your home for a while, you’ve likely built up some equity – and you may not even realize how much. Based on data from the U.S. Census Bureau and ATTOM, the majority of Americans have a substantial amount of equity right now (see graph below):

And having such large amounts of equity is a benefit to homeowners in more ways than one. Rick Sharga, Executive Vice President of Market Intelligence at ATTOM, explains:

“Record levels of home equity provide security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008.”

Over time, your home equity grows. In addition to providing financial stability while you own your house, when you’re ready to sell it, that money could go a long way toward paying for your next 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
908 S Flagler Avenue Flagler Beach FL 32136
New Listing - an hour on site
1 / 54
$1,399,000
4
BEDS
4
TOTAL BATHS
2,720
SQFT
908 S Flagler Avenue Flagler Beach, FL 32136
Single Family Residence For Sale
- Active

Welcome To Your Custom Built Waterfront Dream Home in desirable Flagler Beach! This stunning coastal sanctuary offers 4bedrooms 4bathrooms and sits directly on the Intracoastal in beautiful Flagler Beach. Enjoy panoramic water views from every room i

Listing courtesy of Eric Kelley of Coast Life Realty
437 Grand Reserve Drive Davenport FL 33837
New Listing - 5 hours on site
1 / 64
$499,900
5
BEDS
3
TOTAL BATHS
2,783
SQFT
437 Grand Reserve Drive Davenport, FL 33837
Single Family Residence For Sale
- Active

Stunning updated 5-Bedroom Pool Home in Gated Grand Reserve - Just 11 Miles from Disney! Welcome to your dream home in the highly sought-after Grand Reserve community of Davenport! This furnished home features 5 bedrooms, 3 bathrooms, a pool, and a J

Listing courtesy of Waz Khan of Adams, Cameron & Co., Realtors
468 Ridgewood Avenue Holly Hill FL 32117
New Listing - 6 hours on site
1 / 6
$1,400,000
5
BEDS
9
TOTAL BATHS
12,518
SQFT
468 Ridgewood Avenue Holly Hill, FL 32117
Multi Family For Sale
- Active

**Unique Investment Opportunity in Holly Hill's Redevelopment Area** Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage alon

Listing courtesy of Sean Hurley of Oceans Luxury Realty Full Service LLC

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Related posts:

  1. Equity Gain Growing in Nearly Every State
  2. How Much Leverage Do Today’s House Sellers Have?
  3. If You’re a Homeowner, You Have Incredible Leverage When You Sell Today
  4. 5 Reasons to Sell Your House This Summer

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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

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SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

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

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