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
Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges
Expert Forecasts for the 2025 Housing Market
Time in the Market Beats Timing the Market
Get Ready To Buy a Home in 2025
Home Staging FAQ: What You Need To Know
New Year, New Home: How To Make It Happen in 2025
Simple Steps To Help You Save for Your First Home
How Eco-Friendly Features Can Boost Your Home’s Value
Why More Sellers Are Hiring a Real Estate Agent
What’s Motivating More Buyers To Choose a Newly Built Home?