The Big Difference Between Renter and Homeowner Net Worth
Mortgage Broker
Jeff and Sherry Pickering Mortgage Broker
Published on November 15, 2024

The Big Difference Between Renter and Homeowner Net Worth

The Big Difference Between Renter and Homeowner Net Worth Simplifying The Market

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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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Mortgage Broker
Jeff and Sherry Pickering Mortgage Broker
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