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  • The Big Difference Between Renter and Homeowner Net Worth
    Posted on Friday November 15, 2024
    The Big Difference Between Renter and Homeowner Net Worth Simplifying The Market

    a stack of money on a blue background

    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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