The Net Worth of a Homeowner is 44x Greater Than A Renter!

By In Blog, Featured, Home Buyers/Sellers, Home Buyers/Sellers, . . . On August 28, 2018


Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released.

The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).

These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.

To read more click here: https://www.keepingcurrentmatters.com/2018/08/20/the-net-worth-of-a-homeowner-is-44x-greater-than-a-renter/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-broadcast&utm_content=Blog_Digest&utm_term=Post4&inf_contact_key=44a247e274152955619d258c47f5eaec2c1bb36a4461efa5f774e131102ec11e


Leave a comment