Economy | Home equity | Homeownership | retirement | Sellers

Planning to Retire? Your equity can help you make the move

David Worth

September 12, 2023

planning to retire use equity

Planning to retire use equity

Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs.

Fortunately, you may be in a better position to make a move than you realize. Here are a few reasons why.

Consider How Long You’ve Been in Your Home – voice behind you (planning to retire use equity)

From 1985 to 2009, the average length of time homeowners stayed in their homes was roughly six years. But according to the National Association of Realtors (NAR), that number is higher today. Since 2010, the average home tenure is just over nine years (see graph below):

This means many homeowners have been living in their houses even longer in recent years. When you live in a home for such a significant amount of time, it’s natural for you to experience changes in your life while you’re in that house. As those life changes and milestones happen, your needs may change. And if your current home no longer meets them, you may have better options waiting for you.

Consider the Equity You’ve Gained – voice behind you (planning to retire use equity)

And, if you’ve been in your home for more than a few years, you’ve likely built-up substantial equity that can fuel your next move. That’s because you gain equity as you pay down your loan and as home prices appreciate. And, the longer you’ve been in your home, the more you may have gained. Data from the Federal Housing Finance Agency (FHFA) illustrates that point (see graph below):

While home prices vary by area, the national average shows the typical homeowner who’s been in their house for five years saw it increase in value by nearly 60%. And the average homeowner who’s owned their home for 30 years saw it almost triple in value over that time.

Whether you’re looking to downsize, relocate to a dream destination, or move so you live closer to friends or loved ones, that equity can help. Whatever your home goals are, a trusted real estate agent can work with you to find the best option. They’ll help you sell your current house and guide you as you buy the home that’s right for you and your lifestyle today.

Bottom Line – are you listening? (planning to retire use equity)

As you plan for your retirement, let’s connect so we can find out how much equity you’ve built up over the years and plan how you can use it toward the purchase of a home that fits your changing needs.

Follow Worth Real Estate Company on Facebook or Instagram for more tips. Or contact us today to learn more about how useing the equity in your home for retirment may make sense. (Always check with your financial planner to determine what is best for you). We have over 21+ years of experience as licensed real estate agents. We are very comfortable that you will enjoy the experience and wisdom. Let us prove how we have earned the reputation… “The Only Real Estate Company Worth Knowing”!

You Might Also Be Interested In

The Florida Retiree Boom: 5 Reasons to Head South

The Florida Retiree Boom: 5 Reasons to Head South

1) Sun 2) Sun 3) Sun 4) Sun 5) Sun. Thank you for reading our latest blog post.  Just kidding. While you’d think the warmth should be reason enough to think about homes for sale in Florida and make your way down to the Sunshine State after years of a 9-to-5, there’s a...

NAR Litigation, Settlement & Impact — The Breakdown

NAR Litigation, Settlement & Impact — The Breakdown

Worth Real Estate Company is committed to making sure every client is up to date with the latest happenings, not only throughout specific real estate geographic markets, but also in the industry as a whole. The National Association of REALTORS® (NAR) has recently...

How to Sell a Home — Add the Right Features

How to Sell a Home — Add the Right Features

Today’s buyers range from various walks of life, so many sellers in Florida are wondering how to sell a home that will appeal to all. To sum it up, buyers are looking for a home that fits their lifestyle. And given that we represent both buyers and sellers in the...

Worth Real Estate Company

Ready to find your new home?

Are you planning to buy a new home or list your property for sale in Lake Nona, downtown Orlando, Central Florida, and other surrounding areas? You need to work with a trusted real firm like Worth Real Estate Company to guide you throughout the process.

Download a free Home Buyer’s Guide packed with valuable information on current market trends and other home buying insights.

Download Now

Lake Nona Real Estate

Why work with Worth Real Estate Company?

The numerous investments, listings, and paperwork requirements require a lot of effort to buy or sell a property. Working with a Real Estate Agent lessens the hassle of buying or selling a property. Worth Real Estate Company ensures prompt, dependable, and competent service with the help of our esteemed experts.

Worth Real Estate Company provides service to future homeowners or property sellers. We do Property Listing, Estimates, Property Management, and other services covered when you buy or sell a property. Our services are designed to continue allowing clients to make the best move possible.

Start Your Journey Today

I want to receive helpful content from Worth Real Estate Company.

Testimonials

What are clients saying about us?

With over 40 years of experience in real estate, we have made a name in the industry as a trusted real estate company in Florida and the United States.
Leave a Review
More Reviews
★★★★★
As a real estate attorney, I interact with hundreds of realtors. I wholdheartedly recommend David Worth. He is highly experienced, knowledgeable, and incredibly easy to work with. He goes above and beyond to negotiate for his clients and stays engaged throughout the transaction.
Jennifer Bondy
★★★★★
As a real estate attorney, I interact with hundreds of realtors. I wholdheartedly recommend David Worth. He is highly experienced, knowledgeable, and incredibly easy to work with. He goes above and beyond to negotiate for his clients and stays engaged throughout the transaction.
Jennifer Bondy
★★★★★
We are excited to share our exceptional experience with Mr. David Worth in purchasing our new home at the Falcon Trace subdivision, near Hunter’s Creek here in Orlando. From start to finish, David demonstrated unparalleled professionalism, expertise, and dedication. Navigating the home-buying process can be scary and bring a ton of uncertainty,...
Pepe Mayor
★★★★★
We are excited to share our exceptional experience with Mr. David Worth in purchasing our new home at the Falcon Trace subdivision, near Hunter’s Creek here in Orlando. From start to finish, David demonstrated unparalleled professionalism, expertise, and dedication. Navigating the home-buying process can be scary and bring a ton of uncertainty, but David made it seamless and enjoyable. His patience and understanding were remarkable as we explored numerous properties to find our perfect home. We physically looked at 12 homes, and had him research online at least 5 more. He never pressured us to make a hasty decision, instead providing insightful guidance and support every step of the way. What truly sets David apart is his communication skills. David was always in touch with us either via phone, text or email. On the negotiation process, David tirelessly advocated on our behalf, ensuring we received the best possible deal. His knowledge of the market and strategic approach saved us both time and money, making us feel confident and well-represented throughout the negotiation process. Due to other competing commitments, we could not attend important milestones/engagements, such as the inspection of the home, and the appraisal. David attended both gladly and supervised the entire process. We can’t thank him enough for that. We are now proud homeowners in Falcon Trace, and we owe it all to David. His commitment to our satisfaction and their genuine care for our needs exceeded all our expectations. We wholeheartedly recommend David to anyone looking to buy or sell a home.
Pepe Mayor
★★★★★
I am writing this review to express my deepest gratitude and commendation for the exceptional service provided by our realtor Mr. David Worth. David helped us sell our Sawgrass property in Orlando Florida. Selling a house can be a daunting process, and it was even more challenging with the various drawbacks we faced with the potential...
Marco Mayor
★★★★★
I am writing this review to express my deepest gratitude and commendation for the exceptional service provided by our realtor Mr. David Worth. David helped us sell our Sawgrass property in Orlando Florida. Selling a house can be a daunting process, and it was even more challenging with the various drawbacks we faced with the potential buyers (the house had to be listed not once, but twice). However, David navigated these obstacles with utmost professionalism, skill, and perseverance. From the outset, David demonstrated an impressive understanding of the market and provided invaluable insights that guided us in preparing and pricing our home. His marketing strategies and price point recommendation were on point. This ensured that our property received maximum exposure and attracted numerous potential buyers. What truly set David apart was their unwavering commitment and dedication throughout the selling process. He maintained constant communication, keeping us informed at every stage and promptly addressing any concerns or questions we had. David communicates via text, email, and most importantly phone calls. He was always available when we reached out to him. As mentioned above, despite the challenges posed by selling process, David remained patient, calm, and resourceful, always finding solutions and negotiating effectively on our behalf. His expertise and experience (20+ years in Real Estate) shone through in every interaction, and his positive attitude made the entire experience much more manageable. Thanks to David’s hard work and determination, we successfully sold our house at a price we were satisfied with. We wholeheartedly recommend David Worth to anyone looking to buy or sell a home. He’s a true professional and a pleasure to work with. Even after our home sell, I know I can call David for advice. We are immensely grateful for his outstanding service and support.
Marco Mayor
★★★★★
I'm thrilled to recommend David Worth for anything related to real estate. David really knows his stuff and runs his business with a lot of integrity and care. I've worked with him in several different settings, and he's always been super reliable and trustworthy. Whether you're collaborating on a project or just need solid advice, David is your go-to guy. ...
Daisy Ramirez
★★★★★
I'm thrilled to recommend David Worth for anything related to real estate. David really knows his stuff and runs his business with a lot of integrity and care. I've worked with him in several different settings, and he's always been super reliable and trustworthy. Whether you're collaborating on a project or just need solid advice, David is your go-to guy. He's dedicated, honest, and a real asset wherever he's involved.
Daisy Ramirez
★★★★★
"David Worth of Worth Real Estate is a standout in the industry. His deep market knowledge, meticulous attention to detail, and dedication make him an invaluable partner in any real estate endeavor. Worth Real Estate embodies excellence, making every transaction seamless and successful. Highly recommend David for unparalleled service."
Page Leindecker
★★★★★
"David Worth of Worth Real Estate is a standout in the industry. His deep market knowledge, meticulous attention to detail, and dedication make him an invaluable partner in any real estate endeavor. Worth Real Estate embodies excellence, making every transaction seamless and successful. Highly recommend David for unparalleled service."
Page Leindecker
★★★★★
David Worth is a dedicated, trustworthy, and caring professional. He truly values his clients and is genuinely committed to their benefit. I have unfortunately worked with a realtor in the past who made it clear the sale, not my best interests, were the priority. I can confidently say you will never have this experience when working with David... I highly ...
Thrive Counseling (Guidance with Garcia)
★★★★★
David Worth is a dedicated, trustworthy, and caring professional. He truly values his clients and is genuinely committed to their benefit. I have unfortunately worked with a realtor in the past who made it clear the sale, not my best interests, were the priority. I can confidently say you will never have this experience when working with David... I highly recommend David and Worth Real Estate Company!
Thrive Counseling (Guidance with Garcia)
★★★★★
I worked with David as a Loan Officer, and he was fantastic to work with throughout the entire process. Was always accessible to keep communication flowing through all parties involved, always involved in the process ensuring his client's best interest and also helping along the process with any knowledge he had to make sure the process was kept smooth for ...
Khayan Martinez
★★★★★
I worked with David as a Loan Officer, and he was fantastic to work with throughout the entire process. Was always accessible to keep communication flowing through all parties involved, always involved in the process ensuring his client's best interest and also helping along the process with any knowledge he had to make sure the process was kept smooth for everyone in the transaction. Definitely looking forward to working with him again, and wouldn't hesitate a second ti recommend him as a realtor to any of my clients.
Khayan Martinez
★★★★★
I had the pleasure of working alongside David in a collaborative effort. This partnership was a fantastic experience, even though it had MaNy obstacles, we worked together to get this deal done for our clients. His expertise, communication and teamwork are exceptional.
Xitlali Guerra
★★★★★
I had the pleasure of working alongside David in a collaborative effort. This partnership was a fantastic experience, even though it had MaNy obstacles, we worked together to get this deal done for our clients. His expertise, communication and teamwork are exceptional.
Xitlali Guerra
★★★★★
Dave was very knowledgeable about selling with all the steps involved. He went over and beyond to help us with all the special hurdles we had to jump thru on this. No doubt I would use his service again if or when needed. Thanks Jack
jack dominy
★★★★★
Dave was very knowledgeable about selling with all the steps involved. He went over and beyond to help us with all the special hurdles we had to jump thru on this. No doubt I would use his service again if or when needed. Thanks Jack
jack dominy
★★★★★
David Worth is not only a real estate agent but a dedicated and caring professional who genuinely wants the best for his clients. He provides an outstanding service and I highly recommend him to anyone looking to buy or sell their home. Thank you David
Karen Chavez
★★★★★
David Worth is not only a real estate agent but a dedicated and caring professional who genuinely wants the best for his clients. He provides an outstanding service and I highly recommend him to anyone looking to buy or sell their home. Thank you David
Karen Chavez

We are Proud Member of

Chamber & Groups

Worth Real Estate Company

Schedule a meeting and find the best opportunities for you!

BOOK A MEETING
Our Company logo

We're committed to helping you find the perfect opportunity for you and your family. That's why we created this tool. Fill in the property address, and we'll tell you how much your house is worth!