August 7, 2025
Many SLO County homeowners are sitting on more equity than they realize—and that equity could be the key to upgrading to a new home. Here’s how to put it to work.
What Is Home Equity?
Equity is the difference between what your home is worth and what you still owe on your mortgage. In recent years, home values across San Luis Obispo County have appreciated significantly, giving many homeowners a powerful financial tool.
Ways to Use Your Equity
Example:
A home bought for $500K in 2018 may now be worth $750K. With $300K remaining on the loan, that’s $450K in equity—enough for a major upgrade.
Next Steps:
Final Thoughts:
Your current home might be the ticket to your future lifestyle.
Clarity, not pressure. That’s the way forward in today’s market.
Let’s explore how your home’s equity could unlock the lifestyle you've been working toward.
Amber Johnson | August 7, 2025
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You’ve got questions and we can’t wait to answer them.