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.
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I have been selling all types of real estate since 1991. My consistent ranking in the top 5% of the nation among my peers, speaks to my level of expertise and dedication. I strive to stay on top of the latest trends and techniques in the constantly evolving world of real estate and offer the best customer service possible.