The Big Difference Between Renter and Homeowner Net Worth

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Written by Jupiter Florida Mortgage Syndicated User on November 16, 2024. Posted in Equity, Infographics, Jupiter Florida Mortgage Rates, Jupiter Mortgage, Rent vs. Buy.

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

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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