Did you know that many homeowners are able to put more money down on their next home thanks to the equity they've built in their current house? This equity can be applied toward a larger down payment, and with home equity at record levels, down payments are reaching new heights. According to Redfin, the typical down payment for U.S. homebuyers is now $67,500, up 15% from last year. Top realtors in Cookeville, TN can help you leverage this opportunity as you explore homes for sale in Cookeville, TN.

Over the past five years, home prices have increased significantly, leading to a boost in equity for many homeowners. If you're looking to sell and buy a new home, this equity can be a game changer, especially with options like new homes for sale in Cookeville, TN. Real estate agents in Cookeville, TN can show you how to maximize your equity for a larger down payment, which could lower your mortgage rate, reduce monthly payments, and even help you avoid Private Mortgage Insurance (PMI).

You don’t have to make a large down payment to buy your next home, but using your equity can come with major perks. Top realtors in Cookeville, TN can guide you through the process and help you find the best houses for sale in Cookeville, TN, whether you're searching for a dream home or cheap houses for sale in Cookeville, TN.

Bottom Line:

If you’re thinking about selling your home and moving, connect with Cookeville, TN realtors to learn how much equity you have and how it can boost your buying power in today’s market. With the help of top realtors in the Upper Cumberland, you'll be able to make the most of your opportunities in the current housing landscape.