Home ownership still builds wealth
- The average American family has a net worth of $77,300
- Of that net worth, 61.4% ($47,500) of it is in home equity
- A homeowner’s net worth is over thirty times greater than that of a renter
- The average homeowner has a net worth of $174,500 while the average net worth of a renter is $5,100
A Fed study confirms that homeownership is still a great way for a family to build wealth.
Now on the flip side, if you’re thinking about selling – it might be time because of :
- High Demand
- Increasing Supply
- Return of New Construction
- Interest rates are prepped to rise
Whether you’re buying or selling, we have your interests and concerns covered. Please step over and see what’s on the block.
Maybe it’s these million dollar views (and lower) : Skyrise Real Estate Group’s Featured Properties
Perhaps your interests are in multi-million dollar window views : Skyrise Real Estate Group’s Featured Multi-Million Dollar Properties
Please contact us for more details.
