The price of homes increased significantly over the past two years across the nation. In fact, in the Triangle, the median sales price of a home increased by more than 18 percent from 2021 to 2022. Homeowners in the Triangle are in a great position to take advantage of home equity in their homes. In fact, a report by CoreLogic shows that by the third quarter of 2022, the average homeowner in North Carolina had already gained $48,000 in equity over the year. Even as the market slows, equity continues…
