Connect with us


Tips from Andrew Shader: The Average Homeowner Gained More than $50,000 of Equity Over the Last Year



Tips from Andrew Shader

The equity of a home is its current value minus what the homeowner owes on the loan for it. Over the past 12 months, the average homeowner in the U.S. has seen their equity skyrocket by $55,300. How did such a huge increase happen? Andrew Shader, a Ft. Lauderdale real estate investor and developer, explains.

The Great Home Equity Gain

The equity that homeowners are building is excellent news for them. Their net worth has gotten an impressive boost. The values of homes are on the uptrend, thanks to the low housing supply and high buyer demand that characterized 2021. The COVID-19 pandemic had much to do with creating that seller’s market.

The number of people selling their homes during the pandemic plummeted, creating a housing shortage. In other words, says Andrew Shader, there weren’t enough houses for sale to meet the demand of people who wanted to buy a home.

Bidding wars drove home prices up, and now homes are worth more in the market today than they were a few years ago. As the value of a homeowner’s property climbs, so, too, does their equity.

The Impact of Rising Home Equity

The equity in a home can help a homeowner in many ways, including by:

  • Providing a source of money when selling
  • Getting money as part of a home equity loan
  • Offering a home equity line of credit

There are many means by which homeowners can tap into the equity of their homes, and it can be a valuable asset to draw on.

Providing a Source of Money when Selling

Many homeowners will one day sell their homes, and when they do, they will want as much equity as possible to come back to them. The equity they have in the home when it sells can be enough to cover much (or all) of the down payment on their next home.

Getting Money as Part of a Home Equity Loan

A home equity loan is one in which the homeowners borrow money and use the equity that has been built up as collateral. It’s a fixed-term loan granted by a bank or other lender and is often referred to as a “second mortgage.”

Offering a Home Equity Line of Credit

Similar to a home equity loan is a home equity line of credit (HELOC). With a HELOC, a bank or lender agrees that they will lend an amount of money as a revolving line of credit to the homeowner. The collateral is the homeowner’s equity in their property.

Home Equity: Changing the Game

Equity can be quite a game-changer, especially when it increases so much so fast. If you’re interested in finding out how much equity you have in your home, reach out to a trusted real estate pro.

Who Is Andrew Shader?

Andrew Shader is a real estate investor and developer in Ft. Lauderdale. With a background in insurance, technology, accounting, and leadership, he founded his real estate business in 2016. He is now an entrepreneur whose success lies in his passion for finding scalability in any vertical with real estate.

I cover national business news and lifestyle for Metic Press. Previously, I've written for TIME, Newsweek, the New York Daily News and VICE News. I am also an editor at HuffPost, a small business news room for a young audience.

Continue Reading


4 celebrities who have their own lifestyle blog



Chrissy Teigen

Some of Hollywood’s biggest stars and celebrities have their own lifestyle blogs. Many of these blogs feature tips regarding health, lifestyle, fashion, beauty and other aspects of the blogger’s life and career. No matter where you come from and what your interests might be, you could learn a lot about how to improve yourself, your perspective and your relationships from following some of the blogs below.

Rose, Inc – Rosie Huntington-Whiteley

In May 2018, Rosie Huntington-Whiteley (actress and model) launched Rose Inc. Huntington-Whiteley is well-known for starring in Michael Bay’s “Transformers: Dark Side of the Moon”, where she replaced Megan Fox as the female lead. Her website features a range of interviews, tutorials and product reviews, many of which centre of the actress’ personal life.

So Delushious – Chrissy Teigen

Chrissy Teigen is the husband of singer-songwriter, John Legend. However, Teigen made a name for herself as a famous model in the early 2010s. Her health food blog called So Delushious, includes a range of fun, innovative recipes that will make you incredibly hungry. While she doesn’t post very often (put that down to her busy schedule), her blunt, no-nonsense attitude has made her a winner amongst her devoted blog followers.

The Kind Life – Alicia Silverstone

Alicia Silverstone loves sharing vegan and vegetarian-friendly recipes. In 2017, she made headlines for posing nude in an advertising campaign for PETA. While she doesn’t get naked on her blog, Silverstone does share a bunch of awesome vegan-friendly recipes. If you’re thinking of cutting meat and processed foods out of your diet, you should certainly check out The Kind Life.

FoodStirs – Sarah Michelle Gellar

FoodStirs is an online marketplace, website and blog channel that focuses specifically on food and kids. It’s all about sharing enjoyable and fun recipes that parents can cook with their kids. Michelle-Gellar is one of the co-founders of the site (you’ll remember her from Buffy).

Continue Reading


Need a new movie this weekend? Check out these celebrity movie favorites



Former President Obama

There are so many great movies to watch. Each year brings new films, new stories, new characters and new methods of filmmaking. Whether it be classics from a bygone era or innovative dramas released in the 21st century, here are some celeb movie favourites that might be worth watching soon.

High Noon (1952) was a presidential favourite

High Noon (1952) stars Gary Cooper as former marshal, Will Kane, who is forced to face off against a criminal he helped put away. Former Presidents Ronald Reagan (himself a former actor), Bill Clinton and Dwight Eisenhower reportedly loved the film and considered it a favourite. Former President Obama is a massive fan of The Godfather trilogy.

Tom Hanks loves 2001: A Space Odyssey (1968)

Acclaimed actor, Tom Hanks, reportedly adores Stanley Kubrick’s groundbreaking sci-fi adventure. Hanks loves the film so much that he has supposedly seen the movie upwards of forty times. Don’t believe it? Check out his fan website!

Heath Ledger’s favourite film is a surprise

Heath Ledger tragically passed away in early 2008, a mere 6 months after finishing up filming on the set of The Dark Knight. His performance as the Joker brought him widespread acclamation and praise, however, all awards received were posthumous. Ledger supposedly loved the film The Wizard of Oz (1939) – a surprise for many people. His reason was simple – it was the only film his parents allowed him to watch as a young child.

Richard Nixon was obsessed with Patton (1970)

In line with the presidential vein, former President Richard Nixon was obsessed with the acclaimed war epic, Patton. The former President would watch the film again and again at the White House, encouraging his staff to view it. Prior to the US invading Cambodia in April 1970, President Nixon screened the film three times.

Continue Reading


4 simple fitness tips that hundreds of celebrities use



Cameron Diaz

There’s a reason why so many A-list stars look flawless in their photoshoots, films and on the red carpet. While Photoshop often has something to do with it, there are many celebrities that can pull off a perfect body with little to no help from airbrushing. How do they achieve this? Here are some great tips from Hollywood’s most accomplished performers, like Cameron Diaz and Kim Kardashian.

Morning workouts are prime

Christina Applegate, Cameron Diaz and Lucy Liu all reportedly follow a morning routine of exercise. Working out in the morning is a great way to start the day because it helps boost your metabolism and gives you an excellent adrenaline kick (especially when you’re feeling groggy or tired).

Starving yourself is not the answer

Jennifer Aniston’s personal trainer, Kathy Kaehler, has warned people against fasting. Fasting can undermine your ability to put on bulk, tone and even lose weight. It can have the opposite effect of encouraging your body to put on weight because your metabolism will be slowed.

Make time for exercise daily

Consistency is critical to maintaining your body shape and your overall health. Gunnar Peterson, a personal trainer who has helped celebrities like Sofia Vergara, Halle Berry and Kim Kardashian, encourages people to make time for their exercise. Make sure your goals are accurate and reasonable, so if that means doing a little bit less than usual, then that’s ok.

Yoga and stretching should be included

Most people don’t stretch enough when they work out, which can cause unnecessary injury. Working out shouldn’t be about punishing the body – in fact, it’s the opposite. Yoga is especially valuable if you want to keep your mind and body active, while reducing your stress. Consider subbing out a day at the gym for a yoga session – you’ll probably find your workouts are more efficient this way.

Continue Reading