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

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

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

//house-home.news-articles.net/content/2025/06/1 .. ship-and-housing-market-predictions-in-2025.html

Published in House and Home on Friday, June 13th 2025 at 14:29 GMT by WGME

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

A roundup of the week's top stories in home equity, mortgages and real estate.

2025-07-25 312 x 176 / 109232 Bytes

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 ]