The Big Difference Between Renter and Homeowner Net Worth
Some Highlights
- If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
- Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.
- Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
Categories
Recent Posts
Why Today’s Foreclosure Numbers Aren’t a Warning Sign
Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again
You Finally Have More Options for Your Move
Should I Buy a Home Now or Wait?
What’s Your House Worth Now? The Answer May Surprise You
What You Can Do When Mortgage Rates Are a Moving Target
Don’t Miss This Prime Spring Window To Sell Your House
If the Asking Price Isn’t Compelling, It’s Not Selling
Pre-Approval Isn’t Commitment – It’s Clarity
Do You Think the Housing Market’s About To Crash? Read This First