Turning home equity into liquidity

Photo by Mary Ann Morris/The Valley ChronicleHome values in Hemet and San Jacinto both continue to rise steadily. ■ By Matt McPherson / Columnist Equity in property continues to rise every month and is expected to peak toward the end of summer now that interest rates are slowly creeping upward. The urge to sell is greater than it’s been in the last decade, now that owners can convert their equity into liquidity. Many property owners, such as growing families looking to upsize, are tapping into significant profits from home sales and leveraging into larger, more expensive houses. Home Equity Lines of Credit (HELOC) are extremely popular with millennials, leading the pack

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