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
Foundation Issues: What's Normal vs. What's a Red Flag
**Debunking the Myths: Why You Should Embrace VA Buyers**
Why Moving to a More Affordable Area Makes Sense
What Will It Take for Prices To Come Down?
Why More Sellers Are Hiring Real Estate Agents
Why This Winter Is the Sweet Spot for Selling
Why Owning a Home Is Worth It in the Long Run
When Will Mortgage Rates Come Down?
Sell Your House During the Winter Sweet Spot
Should You Sell Your House As-Is or Make Repairs?
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "