The OKC Real Estate Report
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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.
Recent Posts
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From Frenzy to Breathing Room: Buyers Finally Have Time Again
Condos Could Be a Win for Today’s Buyers
More Contracts Are Falling Through. Here’s How To Get Ahead.
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Are These Myths About Buying a Newly Built Home Holding You Back?
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