Real Estate Blog

The Big Difference Between Renter and Homeowner Net Worth

Real Estate updates by The Kathy O'Neal Team
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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