Found 2 blog entries tagged as Renting.


Are you having a difficult time discerning whether right now is a good time to invest in real estate, due to concerns about inflation? If you're considering buying a home in Durham or Raleigh, North Carolina, you may be dissuaded in making an investment because of the impact of inflation on your daily expenses, such as groceries and gas. However, as a renter, you may also have noticed that your rent is increasing as well. Given these elevated costs, it might seem counter intuitive to buy a home, however in the current market, it is a vital way of not only protecting your wealth, but of building future wealth.

Building Equity, Stabilizing Rent

Homeownership actually provides a shield against the rising costs brought about by inflation. According to…

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Homeowners Net Worth

A Homeowners Net Worth Is 40x Greater Than a Renter's

One of the best ways to build your family's financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it's time to start thinking about buying a home, especially when they are so affordable in today's market.

Every three years the Survey of Consumer Finances shows the breakdown of how owning a home helps build financial security. In the graph below, we see that the average net worth of homeowners continues to grow, while the net worth of renters tends to hold fairly steady and be significantly lower than that of homeowners. The gap between owning and renting just keeps…

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