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.
From the Archives
About Susan
Blog Categories
- Active Listings (3)
- Affordability (16)
- Agent Value (19)
- Baby Boomers (12)
- Buying Myths (170)
- Buying Tips (41)
- Demographics (43)
- Distressed Properties (12)
- Down Payments (30)
- Downsize (1)
- drama (1)
- Economy (18)
- Equity (14)
- First Time Home Buyers (297)
- First-Time Buyers (13)
- For Buyers (597)
- For Sale by Owner (2)
- For Sellers (439)
- Forecasts (6)
- Foreclosures (36)
- FSBOs (17)
- Gen Z (9)
- Generation X (2)
- Holidays (7)
- Home Prices (31)
- Housing Market Updates (361)
- Infographics (173)
- Interest Rates (116)
- Inventory (22)
- Luxury / Vacation (2)
- Luxury Market (8)
- Market Updates (1)
- Millennials (15)
- Mortgage Rates (39)
- Move-Up (2)
- Move-Up Buyers (283)
- Neighborhoods (10)
- New Construction (25)
- Pricing (184)
- Rent Vs Buy (61)
- Seller Successes (22)
- Selling Myths (122)
- Selling Tips (35)
- Senior Market (5)
- Short Sales (3)
- Successes (2)
- Sold Listings (2)
- Time-sensitive (8)
- Uncategorized (18)