77008, Houston, TX

Houston, TX is one of the most populous cities in the United States and has a population of over 2 million people. The 77008 zip code is located in Houston and has a population of over 100,000 people. Home equity is important to many people in Houston because it can provide them with a financial cushion in case they lose their job or experience other unexpected financial setbacks.

The average home price in the 77008 zip code was $236,500 as of September 2017. This represents an increase of 5% from the previous year and an increase of 11% from September 2016. The average home value in the 77008 zip code increased by an average of 4% each year between 2013 and 2017. This indicates that there is strong demand for homes in this area and that prices are likely to continue to rise over time.

Home equity can be used to pay off debt, purchase additional property, or invest in other assets such as stocks or bonds. Home equity can also be used to cover short-term expenses such as unexpected medical bills or car repairs. Because home values are often tied directly to the performance of the stock market, fluctuations in stock prices can have a significant impact on home equity values throughout the country. However, despite these fluctuations, overall trends suggest that home equity values are generally stable across different parts of the country.