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.
https://yourhomeyourrealtor.com/wp-content/uploads/2024/11/20241115-The-Difference-Between-Renter-And-Homebuyer-Net-Worth-KCM-Share-original.jpg410750Crystal Grimeshttps://yourhomeyourrealtor.com/wp-content/uploads/2024/03/Eagle-Mountain-Homes-Logo-with-shadow-white.pngCrystal Grimes2024-11-15 11:30:002024-11-15 11:30:00The Big Difference Between Renter and Homeowner Net Worth