Livingston Market Update for February 2022

The data says it all.
Home average sales prices are up +10% YTD with days on market down -12% YTD. It's a great time to list your home and take advantage of its appreciation.

Maybe you're not looking to list but to take money out? This is still a prime market to do so! Have your real estate work for you!

Consolidating debt and lowering the total monthly cash outflow. Common ways homeowners use this cash, according to Freddie Mac’s most recent analysis; pay off bills or other debt, for home repairs or new construction, to increase their cash savings, to buy a car, or to pay for college.

How much money could you get from a cash-out refi? To estimate the potential cash-out amount you need the following:

-How much your home is worth (home value)
-How much do you owe on your mortgage (mortgage balance)
-How much equity your lender requires you to have left after refinancing (retained equity)

Get more information on options available to benefit your finances in your real estate!