[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2ql6h5kycyk8v":3,"$ffeh0925h8cuz":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},495,"homeowners-net-worth-is-45x-greater-than-a-renters","Homeowner’s Net Worth is 45x Greater Than a Renter's","Every three years the \u003Cem>Federal Reserve\u003C\u002Fem> conducts a \u003Ca href=\"http:\u002F\u002Fwww.federalreserve.gov\u002Fpubs\u002Fbulletin\u002F2014\u002Fpdf\u002Fscf14.pdf\">\u003Cem>Survey of Consumer Finances\u003C\u002Fem>\u003C\u002Fa> in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2016\u002F02\u002F01161658\u002F0215-Featured.png","Every three years the \u003Cem>Federal Reserve\u003C\u002Fem> conducts a \u003Ca href=\"http:\u002F\u002Fwww.federalreserve.gov\u002Fpubs\u002Fbulletin\u002F2014\u002Fpdf\u002Fscf14.pdf\">\u003Cem>Survey of Consumer Finances\u003C\u002Fem>\u003C\u002Fa> in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).\u003C!--more-->\r\n\r\nIn a \u003Cem>Forbes\u003C\u002Fem> \u003Ca href=\"http:\u002F\u002Fwww.forbes.com\u002Fsites\u002Flawrenceyun\u002F2015\u002F10\u002F14\u002Fhow-do-homeowners-accumulate-wealth\u002F\">article\u003C\u002Fa> the \u003Cem>National Association of Realtors’ (NAR)\u003C\u002Fem> \u003Cem>Chief Economist \u003C\u002Fem>Lawrence Yun predicts that \u003Cstrong>in 2016 the net worth gap will widen even further to 45 times greater.\u003C\u002Fstrong>\r\n\r\nThe graph below demonstrates the results of the last two \u003Cem>Federal Reserve\u003C\u002Fem> studies and Yun’s prediction:\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F02\u002FNet-Worth-STM.jpg\" rel=\"attachment wp-att-32798\">\u003Cimg class=\"alignnone wp-image-32798\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F02\u002FNet-Worth-STM.jpg\" alt=\"Homeowner’s Net Worth is 45x Greater Than a Renter's | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\u003Ch4>\u003Cstrong>Put Your Housing Cost to Work For You\u003C\u002Fstrong>\u003C\u002Fh4>\r\nSimply put, homeownership is a form of \u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002F2016\u002F02\u002F01\u002Fharvard-why-owning-a-home-makes-sense-financially\u002F\">\u003Cem>‘forced savings’\u003C\u002Fem>\u003C\u002Fa>. Every time you pay your mortgage you are contributing to \u003Cstrong>your net worth\u003C\u002Fstrong>. Every time you pay your rent, you are contributing to \u003Cstrong>your landlord’s net worth\u003C\u002Fstrong>.\r\n\r\nThe latest \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Freports\u002Fhousing-pulse-surveys\">\u003Cem>National Housing Pulse Survey\u003C\u002Fem>\u003C\u002Fa>\u003Cem> \u003C\u002Fem>from NAR reveals that 85% of consumers believe that purchasing a home is a good financial decision. Yun comments:\r\n\u003Cblockquote>\u003Cem>“Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are interested in finding out if you could put your housing cost to work for you by purchasing a home, let's schedule an appointment to guide you through the process.","\r\nIf you are interested in finding out if you could put your housing cost to work for you by purchasing a home, let's schedule an appointment to guide you through the process.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2016\u002F02\u002FNet-Worth-STM.jpg",false,[17,21],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up","2016-02-15T10:00:40Z","2017-02-14T16:18:17Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},494,"how-do-you-know-if-youve-found-your-perfect-match-infographic","How Do You Know If You've Found Your 'Perfect Match'? 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