The Big Difference Between Renter and Homeowner Net Worth

The Big Difference Between Renter and Homeowner Net Worth

 

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. Let’s connect 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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The Grieger Group's proprietary process achieves optimal results, and they're here to help you make the ultimate real estate match that fulfills your highest goals. Whether you are seeking a wooded enclave in Orono or a lake-side estate in Woodland, they will find the right fit for your lifestyle.

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