Despite stubbornly elevated mortgage rates and dismally slow sales, home prices continue to rise. For homeowners, the rise means ongoing accumulation of wealth.
For the three months that ended June 30, 2025, ATTOM reports that 47.4% of all homeowners in the United States had equity in their home equal to at least half of the value of the home. To be sure, so much equity does not accumulate overnight, and the pace of equity accumulation has slowed in the past year or two. Still, the increase from 46.2% in the first quarter of 2025 tells the fundamental story of wealth through home ownership.
The continuing rise of home values is meaningful consolation if you are trying to sell your home in this market of fewer buyers and many more sellers. As you wait for the right offer, let your growing equity wealth ease your frustration and deter selling desperation.
Unless you must sell, be patient and prudent. The wealth you are gathering as you wait patiently should not be squandered by pointless price reductions or useless incentive offers. If you have planned your sale well, your house already is in its best condition and priced appropriately.
