August 21, 2025
Equity Explained: How Homeowners Can Build Wealth
For many Bay Area residents, owning a home is more than just having a place to live, it is one of the most reliable ways to build long-term financial security. A key reason for that is equity.
What is Equity?
Home equity is the difference between your home’s current market value and what you still owe on your mortgage. For example, if your home is worth $1,200,000 and your loan balance is $800,000, your equity is $400,000.
How Does Equity Grow?
Why Equity Matters
Tips to Build Equity Faster
Sources: Globest
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