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
- All Blogs (269)
- Affordability (24)
- Agent Value (10)
- Buying & Selling (118)
- Buying Tips (55)
- Downsize (4)
- Economy (2)
- Equity (6)
- First Time Home Buyers (63)
- For Buyers (30)
- For Sale By Owner (10)
- for sellers (22)
- Forecast (5)
- Home Buyers (164)
- Home Owner (28)
- Home Owners (27)
- Home Prices (21)
- Housing Market (109)
- Inventory (11)
- Mortgage Rates (51)
- Move-Up (3)
- New Construction (10)
- Price It Right/Overpricing (1)
- Real Estate (154)
- Real Estate Investing (4)
- Rent vs. Buy (2)
- Selling Tips (34)
- Selling Your Home (99)
- Senior Market (3)
Recent Posts
Thinking About Tapping into Your 401(k) To Buy a Home? Read This First.
Sellers Are Cutting Prices To Meet Buyers Where They're At
Worried About a Housing Crash? The Numbers Tell a Calmer Story.
The Truth About Affordability Today
Most Home Sales Close – Here’s How To Keep Yours on Track
One Number Could Change Everything About Your Next Move
Less House, More Home: Why Smaller Homes Are Paying Off for Today’s Buyers
The Pricing Mistake That Could Cost You Your Sale
4 Ways To Give Your Offer an Edge This Spring
The Secret To Selling Fast, No Matter the Market
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "