Homeownership Is Full of Financial Benefits A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: >>88% - a better chance of saving for retirement >>87% - the best investment plan >>85% - the chance to be better off financially >>85% - the chance to build up wealth Does homeownership actually give you a better chance to build wealth? Last fall, the Federal Reserve released the Survey of Consumer Finances, which found that homeowners have forty times higher net worth than renters ($255,000 for homeowners compared to $6,300 for renters). The difference in net worth between homeowners and renters has continued to grow - according to CoreLogic, the equity held by homeowners grew by $26,300 over the last twelve... #Bgroup #Prescott #Realtor #Homes #Smart
Homeownership Is Full of Financial Benefits A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: >>88% - a better chance of saving for retirement >>87% - the best investment plan >>85% - the chance to be better off financially >>85% - the chance to build up wealth Does homeownership actually give you a better chance to build wealth? Last fall, the Federal Reserve released the Survey of Consumer Finances, which found that homeowners have forty times higher net worth than renters ($255,000 for homeowners compared to $6,300 for renters). The difference in net worth between homeowners and renters has continued to grow - according to CoreLogic, the equity held by homeowners grew by $26,300 over the last twelve... #Bgroup #Prescott #Realtor #Homes #Smart - 928-227-8575
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