How Built-Up Equity Is Reshaping Selling Decisions

Many homeowners in Miami and the Florida Keys are asking whether it’s truly a good time to sell. For many, the answer is yes—and the reason is home equity.

If you’ve owned your home for several years, you’ve likely built significant equity through rising property values and paying down your mortgage. According to Realtor.com, nearly half of homeowners have lived in their homes for more than 15 years, and one in four for over 25 years. That time adds up. Homeowners who bought even 10–15 years ago may now be sitting on hundreds of thousands of dollars in equity.

For sellers in Miami, Key Largo, Islamorada, and the Upper Florida Keys, this equity can create real flexibility. It may offset higher mortgage rates, support a larger down payment, or strengthen buying power for a next home. Many homeowners are surprised to learn how much leverage their equity provides in today’s market.