08/28/2025
US homeowners are sitting on a sizable amount of home equity—more than $34 trillion according to Goldman Sachs Research. But homeowners aren’t tapping as much into home equity loans, lines of credit, or closed-end second mortgages when compared to the pre-Global Financial Crisis (GFC) era.
Instead, they’re paying down their mortgages in order to own their homes outright. In 2023, 40% of homeowners fully owned their homes, an increase from 2010, when only 33% of homeowners fully owned their homes.
Alina Ghazarians
Realtor
CalDRE #01148929
HomeSmart Evergreen Realty
Equal Opportunity housing
☎️Call/Text 818-588-8356
