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
Rent or Buy? The Real Tradeoff Most People Don’t Talk About
Getting a Tax Refund? Here’s How It Can Help You Buy a Home
Wondering If You Should Still Buy a Home Right Now? Here’s What To Keep in Mind.
When Buying a Home Feels Out of Reach, Some Families Do This Instead
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.
Your House Hasn’t Sold Yet. Should You Rent It Out Instead?
Before You Fall in Love with a House, Do This First.
Don’t Let Home Prices Headlines Fool You
This’ll Change What You Think About Investors in Today’s Housing Market
The Best Week To List Your House Is Just Around the Corner
GET MORE INFORMATION
Information For You
Real Estate Brokerage | License ID: 3744, 22024
Real Estate Brokerage License ID: 3744, 22024