Over 40 Percent of Homeowners Are Mortgage Free Graph
Did you know? A record 40% of U.S. homeowners now own their homes free and clear. That’s the highest share ever recorded. And that’s an important stat if you’re considering downsizing. Think about it. If you’ve been in your house for a long time, you may be able to sell and buy your next home in cash. You could get a smaller, less expensive home that better fits your lifestyle today with lower bills, less upkeep, and no new mortgage in retirement.
Want to find out if this could be a possibility for you too? Let’s connect to explore your options today.
Don’t forget to check out our latest market reports!
I’m Joe Peters, a twenty-plus-year real estate agent with Coldwell Banker Residential Brokerage. I work with people that want to buy or sell a home (or both) in Hunterdon or Somerset County, NJ. Clients rely on me for in-depth market and neighborhood insights and smooth real estate transactions. My access to big data through Coldwell Banker, plus current technology and marketing skills, give clients a unique advantage.
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