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Bloomberg Wealth: The Housing Boom Is Even Rewarding People Who Don’t Go Anywhere

A California home under renovation in February 2022. In the hot housing market, HELOCs to upgrade homes could be the way to go.

A California home under renovation in February 2022. In the hot housing market, HELOCs to upgrade homes could be the way to go.

Photographer: Kyle Grillot/Bloomberg
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It’s a seller’s market in U.S. real estate right now. But the perks are also rising for those who stay put. 

That’s because the value of houses soared last year. Homeowners in the hottest markets clocked gains of more than $110,000, as Bloomberg Opinion’s Alexis Leondis points out in an enlightening column that should make the top of your reading list this week.