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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Whether you're trying to buy your dream home or selling your current one, LPT Realty's number one priority is to help find you the best deal possible while providing exceptional customer service. LPT Realty agents are armed with best in class technology and marketing tools to help you make informed decisions about buying or selling your home, and are there for you every step of the way.