Some Highlights
While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.
Last July, prices started to decline, but around February, they began climbing back up.
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Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means...