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Where Did my equity go?

4/16/2026

1 Comment

 
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     Happy Friday. As we get closer to the end of the school year, I’ve started to see a familiar shift, more home value questions coming in, more conversations about making a move, and more buyers trying to understand what today’s market really looks like. With all of that, there’s one topic that continues to resurface, especially for newer homeowners (and even some repeat buyers) who purchased over the past few years. Over the past few weeks, I’ve found myself having a conversation I didn’t expect to be having this often.
Equity… or the lack of it.
A lot of homeowners who purchased between 2022 and 2024 bought during a time when prices were at their peak. And while real estate is still a strong long-term investment, the reality is:
The market hasn’t had enough time to create meaningful equity for some of those homeowners yet.
In some cases, after factoring in closing costs, commissions, and other fees, sellers are realizing they may walk away with little… or even have to bring money to closing.
That doesn’t mean this is happening across the board.
There are still homes selling quickly and at strong prices. But what we’re seeing right now is a growing gap, some homes perform very well, while others require more strategy to get sold.
And that’s really the key in today’s market.
Pricing, preparation, and positioning matter more now than they have in the past few years.
If you’ve been wondering where you stand or if you’re curious what your options might look like in today’s market I’m always happy to take a look and walk through it with you.
No pressure. Just clarity.
1 Comment
Chris S.
4/16/2026 12:41:43 pm

The other thing to consider is that whem the market was at the peak... a lot of people took out HELOCs, Cash-back Refis... 2nd mortgages etc. Because the "equity" was so high.

For instance. We bought In 2019 and in 2022 our home shot up from $200k to $360-$380k (in just 3 years!). If we took out a HELOC or loan against that equity... we would be stuck now too!

Great article - love the insight!!

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    Joseph Wells 
    ​REALTOR

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  • Home
  • About
  • Buyers
    • List of Homes $300k or Less
    • Home Buying Process
    • What is Escrow & How Does it Work
    • Due Diligence & Earnest Money
    • Getting Pre-Qualified
    • Closing Cost
  • Sellers
    • Your Selling Timeline
    • Selling Tips to SOLD
    • Let's Get to Work
  • Blog
  • Contact