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.
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LISTINGS
- 4 Beds3 Baths2,784 SqFtOff Market
$899,000
- 5 Beds4 Baths4,805 SqFt1/39 39Open Fri 3PM-5PM
$7,000,000
- 4 Beds4.25 Baths6,800 SqFt1/40 40Open Thu 10AM-1PM
$4,100,000
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Tommy Mutchler, Realtor
Managing Broker | License ID: 28006