Equity

By Mike Lentz | The Mike Lentz Team – Keller Williams Realty Is the South Jersey housing market actually improving for 2026? The South Jersey housing market started moving again in late 2025. Mortgage rates trended down through most of the year. Inventory climbed across Gloucester, Camden, and Burlington counties. Affordability improved as price growth slowed. Two years of buyers waiting on rates and...

Why Your South Jersey Home Equity Still Puts You Way Ahead Seeing headlines about falling home prices might worry you about your own home's value. Let's clear up what this really means for South Jersey homeowners. Even with minor price dips in some local markets, the data shows you're likely still way ahead. This is all thanks to the home equity you've built up. How Home Prices and Equity Connect Home...

If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here’s a trend worth paying attention to: More homeowners are buying their next house outright, without taking on a new mortgage. And, if you’ve owned your home for a while, you may be able to do the same. No mortgage. No monthly housing payments. A Record Share of...

Want to know something important you probably don’t have a professional check for you nearly as often as you should? Spoiler alert: it’s the value of your home. Because here’s the reality. Your house is likely the biggest financial asset you have. And if you’ve lived in it for a few years or more, chances are it’s been quietly building wealth for you in the background – even if you...

If you’ve owned your home for a while, you probably have some serious equity. Right now, over two-thirds of homeowners have either paid off their mortgage entirely or have at least 50% equity. That’s a powerful position to be in. Because that much equity gives you a strong financial cushion and an asset you can use to fund your long-term goals. If you're thinking about moving, downsizing, or just...

If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first: Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a lot of factors. And that’s where an agent’s experience can really help...