Rising home prices help millions of homeowners regain equity

GRAND RAPIDS, Mich. - April 30, 2015 - PRLog -- Over the last few years, the United States real estate market improved significantly. The rising home prices helped 5.8 million homeowners regain equity at the end of 2014. With equity recovered, many homeowners are taking advantage of the situation to sell their homes after being sidelined in the years following the housing market crash.

“Several factors, including fewer distressed property sales, high demand, and constrained inventory, drove the average home sale price up dramatically,”says Donna Tashjian of Keller Williams Grand Rapids East. “The rising prices restored equity to millions, and many are using that equity to sell their homes after years of waiting.”

“The market conditions continue to favor sellers, and people are often shocked to find out just how much their homes are worth. If you are considering selling, now may be a great time,”said Donna.

Donna Tashjian is specially trained to help distressed homeowners understand their options. “No matter what your situation has been, chances are it has changed. The rebound of the housing market is providing homeowners with more options than any other time since the housing crisis hit,” Donna said.

It’s important to reevaluate the equity you have in your home!  Contact Donna Tashjian today to discover how much your home is worth.