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Tag Archives: net worth
How Does Owning a Home Give You Wealth?
You have heard repeatedly that putting money down on a home will repay you with equity. But that’s hard to remember after a large down payment and closing costs! However it is an important piece of information to remember when …
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Shorewest Reports: America’s Rental Crisis — Invest in a Home Now
Shaun Donovan, Secretary of Housing & Urban Development, recently stated, “We are in the midst of the worst rental affordability crisis that this country has known.” The numbers don’t lie — rent has climbed astronomically over the last decade. About …
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Federal Reserve Study Reveals Homeowners Net Worth is over 30 Times Greater than Renters
Since the Great Recession began and the housing market fell, homeownership was a less appealing avenue for acquiring wealth. Homeownership fell to lows as people were unable to pay their mortgages and renting became their only option. A new study …
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