The Truth about Boosting Your Net Worth
Today we came across something that we felt compelled to share with you.
It has to do with the true value of home ownership, and despite recent reports, what we are about to tell you may completely transform your thoughts on real estate.
Keep in mind that we’re not just saying this because we sell homes for a living.
The Federal Reserve has found some definitive data that substantiates claims that home ownership is still a viable way for you to increase your net worth.
This is clear-cut evidence that shows owning a home will add to your net worth significantly.
Here’s a little piece of what was revealed in the report:
On average, a homeowner’s net worth is 30 times greater than that of a renter. A standard homeowner has a net worth of $175,000 while a renter has an average net worth of only $5,000!
The report also claims that nearly 60% of a consumer’s net worth comes from their equity in a home.
So, do you want to build your net worth or would you rather write away your livelihood with monthly payments to your landlord?
The choice is yours to make.
Give us a quick call at 970-668-2121 and we’ll gladly discuss this topic with you in further detail.
