[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fnjb6paaddkzy":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},888,"homeowners-net-worth-is-still-greater-than-a-renters","Homeowner’s Net Worth Is Still Greater Than a Renter’s","Every three years, the \u003Cem>Federal Reserve\u003C\u002Fem> conducts their \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 \u003Cstrong>a homeowner’s net worth is 36 times greater than that of a renter\u003C\u002Fstrong> ($194,500 vs. $5,400).\u003Csub> \u003C\u002Fsub>","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F08\u002F10124959\u002F20170814-STM-Share.jpg","Every three years, the \u003Cem>Federal Reserve\u003C\u002Fem> conducts their \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 \u003Cstrong>a homeowner’s net worth is 36 times greater than that of a renter\u003C\u002Fstrong> ($194,500 vs. $5,400).\u003Csub> \u003C\u002Fsub>\u003C!--more-->\r\n\r\nThe latest survey data, covering 2014-2016 will be released later this year. In the meantime, Lawrence Yun, the \u003Cem>National Association of Realtors’ Chief Economist\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.forbes.com\u002Fsites\u002Flawrenceyun\u002F2015\u002F10\u002F14\u002Fhow-do-homeowners-accumulate-wealth\u002F#1e60ade91e4b\">estimates\u003C\u002Fa> that the gap has widened even further, to 45 times greater ($225,000 vs. $5,000)!\u003Cstrong> \u003C\u002Fstrong>\r\n\u003Ch4>\u003Cstrong>Put Your Housing Cost to Work for You\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAs we’ve said \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2017\u002F03\u002F27\u002Frenting-or-buying-either-way-youre-paying-a-mortgage\u002F\">before\u003C\u002Fa>, simply put, homeownership is a form of ‘forced savings.’ Every time you pay your mortgage, you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.\r\n\r\nThe \u003Ca href=\"http:\u002F\u002Fwww.realtor.org\u002Freports\u002Fhousing-pulse-surveys\">latest\u003C\u002Fa> \u003Cem>National Housing Pulse Survey\u003C\u002Fem> from NAR reveals that 84% of consumers believe that purchasing a home is a good financial decision. William E. Brown \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnews-releases\u002F2017\u002F07\u002F84-percent-of-americans-see-homeownership-as-good-investment-affordability-a-growing-concern\">comments\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own. \u003Cstrong>Building equity, \u003C\u002Fstrong>wanting a stable and safe environment, and having the freedom to choose their neighborhood \u003Cstrong>remain the top reasons to own a home.\u003C\u002Fstrong>”\u003C\u002Fem>\u003Cstrong> \u003C\u002Fstrong>\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 get together and evaluate your ability to buy today!","\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 get together and evaluate your ability to buy today!",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up","2017-08-14T10:00:09Z","2017-08-14T16:17:06Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},887,"what-state-gives-you-the-most-bang-for-your-buck-infographic","What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2017\u002F08\u002F04155449\u002FSTM-Share.jpg","2017-08-11T10:00:27Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},889,"homes-are-selling-quickly-nationwide","Homes Are Selling Quickly Nationwide","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2017\u002F08\u002F10132354\u002F20170815-Share-STM.jpg","2017-08-15T10:00:34Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,68,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]