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Home equity news: Hidden costs of homeownership and housing market predictions in 2025

A roundup of the week's top stories in home equity, mortgages and real estate.
The article from WGME dated June 13, 2025, discusses the often overlooked costs associated with homeownership that can impact a homeowner's equity. It highlights various unexpected expenses such as emergency repairs, maintenance, property taxes, and insurance premiums, which can significantly affect the financial planning of homeowners. The piece emphasizes the importance of budgeting for these surprise costs to maintain and potentially increase home equity over time. It also provides tips on how to prepare for these expenses, including setting aside a portion of income into a dedicated home maintenance fund and regularly reviewing insurance policies to ensure adequate coverage.

Read the Full wgme Article at:
https://wgme.com/money/mortgages/home-equity-news-surprise-costs-of-homeownership-6-13-2025