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
Recent Posts
When Is the Perfect Time To Move?
2025 Housing Market Forecasts
One Homebuying Step You Don’t Want To Skip: Pre-Approval
Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?
The Truth About Credit Scores and Buying a Home
How Much Home Equity Have You Gained? The Answer Might Surprise You
How Mortgage Rates Affect Your Monthly Payment
What To Save for When Buying a Home
Mortgage Forbearance: A Helpful Option for Homeowners Facing Challenges
Expert Forecasts for the 2025 Housing Market
GET MORE INFORMATION