Homeowners have more equity than ever but don’t want to tap it
Strong home price appreciation has handed Americans more than $5.8 trillion of equity they could be tapping and aren’t, more than double the level in 2011, according to data provider Black Knight. At least part of that reluctance stems from rising rates, which means debt carrying adjustable rates will keep growing more expensive.
Contact the Thomas & Kauffman Team today if you would like to buy or sell a home in the Austin metro area - (512) 730-1252 or info@AustinTxHomeSales.com.
Two projects proposed as Austin’s tallest towers earn unanimous design approval
