The Big Difference Between a Homeowner’s and a Renter’s Net Worth
Some Highlights
- Homeownership is one of the best ways to build wealth in our country and it’s easy to see why.
- As you pay down your mortgage and as home values rise over time, you gain equity – and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renters.
- But you should only buy a home when you’re ready and able to do it. If you want to build a plan to get there, connect with a local agent.
Categories
Recent Posts
Condos Could Be a Win for Today’s Buyers
More Contracts Are Falling Through. Here’s How To Get Ahead.
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Are These Myths About Buying a Newly Built Home Holding You Back?
What You Need To Know About Concessions
Online Home-Buying Search Terms Recently Hit 2-Year High
Why Selling Without an Agent Can Cost You More Than You Think
A Second Home Might Be the Missing Piece in Your Retirement Plan
3 Advantages of Buying a Newly Built Home Today
The Truth About Down Payments (It’s Not What You Think)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "