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
What You Need To Know About Pre-Approval
Is the Housing Market Starting To Balance Out?
Buying Your First Home? It’s Okay To Feel Nervous
Mortgage Rates Hit Lowest Point So Far This Year
Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
Do You Know What Your House Is Really Worth?
Is It a Good Time to Buy a Home?
Is It a Good Time To Buy a Home?
5 Spring Home Maintenance Tasks You Don’t Want To Forget
5 Spring Home Maintenance Tasks You Don’t Want to Forget
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "