A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s | MyKCM

Did you know your Homeowner’s Net Worth is one of the best ways to build your family’s financial future is through homeownership?.

Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter.

Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s market.

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s | MyKCM

Every three years the Survey of Consumer Finances shows the breakdown of how owning a home helps build financial security.

The gap between owning and renting just keeps getting wider over time, making homeownership more and more desirable for those who are ready.

Every time you pay your mortgage, you’re contributing to your net worth by increasing the equity you have in your home.

The impact of home equity is part of why Gallup reports that Americans picked real estate as the best long-term investment for the seventh year in a row.

Today, there are great opportunities available for those planning to buy a home.

The housing market has made a full recovery, and all-time low interest rates are giving homebuyers a big boost in purchasing power.

If you’re ready, buying a home this fall can set you up to increase your net worth and create a safety net for your family’s future.

Bottom Line

To learn how you can use your monthly housing cost to build your family’s net worth, let’s connect so you have a trusted professional to guide you through the homebuying process.

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© 2021 · ADRIAN GARZA-DELGADO
TREC LIC. NO. 638099

© 2021 ADRIAN GARZA-DELGADO
TREC LIC. NO. 638099

19179 BLANCO RD. SUITE 105-445
SAN ANTONIO TX 78258 USA

19179 BLANCO RD. SUITE 105-445
SAN ANTONIO TX 78258 USA

Phone: 210-446-4455

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