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
Renovate or Relocate? What To Know Before You Decide To Age in Place
Myth vs. Reality: Does the Fed Control Mortgage Rates?
Two Moves That Can Get You Into Your First Home Sooner
New Construction vs. Existing Homes in Northeast Wisconsin: What Buyers Need to Know in 2026
What Higher Mortgage Rates Mean for Home Sellers
Hoping for (or Dreading) a Housing Crash? The Experts Just Weighed In.
Waterfront Property on Lake Winnebago and Green Bay: What Buyers Need to Know Before They Offer
The Mortgage Rate You See Online Isn’t Necessarily the One You’d Get.
Why So Many Sellers Are Cutting Their Price Right Now
There Are 4 Types of Housing Markets Right Now. Which 1 Are You In?