02637, Cummaquid, MA

The 2637 zip code of Cummaquid, MA is located in the eastern part of the state and has a population of about 2,000. The median home value in this zip code is $191,500 which is higher than the statewide median home value of $169,900. The percentage of homes in this zip code that are owner-occupied is about 78%, which is lower than the statewide percentage of owner-occupied homes at 83%. About 22% of homes in this zip code are rented and 4% are vacant.

Home equity plays an important role in people's lives and can be used for many purposes such as paying down debt or investing for future growth. Home equity can also be used to purchase a new home or to help pay off existing debt on a house. In general, when housing prices rise faster than people's incomes, people may find it difficult to save enough money to buy a house or to pay off existing debts. This can lead to problems such as foreclosure or bankruptcy.

In recent years, there has been an increase in home equity values throughout Massachusetts due to strong economic conditions and rising housing prices. In some parts of the state, such as Boston and Cambridge, home values have increased by over 100%. While this has been good news for many homeowners who have seen their property values increase significantly, it has also created some challenges for those who have had their home equity lines increased suddenly by lenders without warning or who have had their mortgages taken away involuntarily by banks due to high levels of mortgage debt relative to their income.