Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier.

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity?

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity.