1098: Americans Are Sitting on a Goldmine and They Don't Even Know It - Episode 1098

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

How To, News, Education, Business News, Business, Investing

4.4 • 1.1K Ratings

🗓️ 24 October 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

With home prices rising US homeowners have gained an incredible amount of home equity. On today's show, I'm going to be sharing the latest data on home equity, and what homeowners can do to take advantage of this massive increase in wealth.

As I've always said, real estate is the number one way to build wealth in the United States. This massive jump in equity is a testament to the power of buying real estate. Click play to learn more about home equity, buying rental properties, and creating wealth!

Transcript

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0:00.0	This message comes from Better Help.
0:02.4	Can you think of a time when you didn't feel like you could be yourself?
0:05.8	Like you were hiding behind a mask?
0:08.0	Better Help online therapy is convenient, flexible,
0:11.2	and can help you learn to be your authentic self, so you can stop hiding.
0:15.4	Because masks should be for Halloween fun, not for your emotions.
0:19.5	Take off the mask with better help.
0:21.9	Visit better help.com today to get 10% off your first month.
0:26.0	That's Better Help, H-E-L-P.com.
0:30.0	This message comes from Better Help.
0:32.0	Can you think of a time when you didn't feel like you could be yourself,
0:35.9	like you were hiding behind a mask?
0:37.9	Better Help online therapy is convenient, flexible
0:41.1	and can help you learn to be your authentic self, so you can stop hiding.
0:46.3	Because masks should be for Halloween fun, not for your emotions.
0:50.6	Take off the mask with better help. Visit better help.com today to get 10% off your first month.
0:57.0	That's Better Help, H- as it relates to U.S. homeowners and the equity in their homes.
1:11.7	Take a look at this new report just out that talks about
1:14.0	US homeowners having a record 35 trillion dollars in home equity right now. In
1:20.0	Q2 of 2024 the total total value of U.S. Home ownership occupied housing was $48.2 trillion,
1:28.0	while the total U.S. mortgage debt stood to just $13 trillion.
1:31.3	So that difference represents a whopping massive amount of home equity.
	...

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