A homeowner's net worth is 40 times greater than that of a renter
This stat rocked me…
According to the Federal Reserve, a homeowner's net worth is a staggering 40 times greater than that of a renter. HOWEVER, let's also acknowledge: Conditions have NOT been the friendliest for first-time buyers. But here’s some really good news →
- Jerome Powell (Chair of the Federal Reserve) has alluded to 2 or 3 interest rate cuts in 2024
- The average age of a first time buyer is 36. Don’t let society make you think you’re “behind”
- In our market, we’ve had great luck finding homes even for first-time buyers
DM me your current rental price and I will send over some options that match it!