Benefits of Owning a Home

A wealth of housing data clearly demonstrates that housing is a good long-term investment. According to a study by the U.S. Department of Housing and Urban Development, 60 percent of a homeowner’s wealth is from the equity they have built in their home. A Federal Reserve study has shown that the average homeowner’s net worth is 46 times the net worth of the average renter.

“Building Wealth” emphasizes the importance of homeownership in creating long-term wealth, and encourages buyers who are on the fence about making a home purchase to contact a REALTORŪ who can help them make a smart investment in their future.
 

Copyright NATIONAL ASSOCIATION OF REALTORSŪ Headquarters: 430 North Michigan Avenue, Chicago, IL. 60611-4087 DC Office: 500 New Jersey Avenue, NW, Washington, DC 20001-2020 1-800-874-6500