[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2if6xt7gp18xq":3,"$ffeh0925h8cuz":50,"$f2emv3tus0uf1":54,"$fbwk2pqjjqsc7":58},{"item":4,"previous":38,"next":44},{"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":36,"updatedAt":37},1414,"a-great-way-to-increase-your-familys-net-worth","A Great Way to Increase Your Family’s Net Worth","Every three years, the \u003Cem>Federal Reserve\u003C\u002Fem> conducts its \u003Ca href=\"https:\u002F\u002Fwww.federalreserve.gov\u002Feconres\u002Fscfindex.htm\">\u003Cem>Survey of Consumer Finances\u003C\u002Fem>\u003C\u002Fa>. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F14115717\u002F20190819-Share-KCM.jpg","Every three years, the \u003Cem>Federal Reserve\u003C\u002Fem> conducts its \u003Ca href=\"https:\u002F\u002Fwww.federalreserve.gov\u002Feconres\u002Fscfindex.htm\">\u003Cem>Survey of Consumer Finances\u003C\u002Fem>\u003C\u002Fa>. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.\u003C!--more-->\r\n\r\nThe study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013).\r\n\r\nThese numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter.\r\n\u003Ch4>\u003Cstrong>Owning a home is a great way to build family wealth.\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAs we’ve said before, simply put, homeownership is a form of \u003Cem>‘forced savings.’\u003C\u002Fem> Every time you pay your mortgage, you are contributing to your net worth by increasing the \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2019\u002F06\u002F04\u002Fhow-homeownership-delivers-unsurpassed-family-wealth\u002F\">equity\u003C\u002Fa> in your home.\r\n\r\nThat is why \u003Cem>Gallup\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2019\u002F06\u002F28\u002Famericans-rank-real-estate-best-investment-for-6-years-running-infographic\u002F\">reported\u003C\u002Fa> Americans picked real estate as the best long-term investment for the sixth year in a row. According to this year’s results, 35% of Americans chose real estate. Stocks followed at 27%, then savings accounts and gold.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you want to find out how you can use your monthly housing cost to increase your family’s wealth, let’s get together to help you through the process.","\r\nIf you want to find out how you can use your monthly housing cost to increase your family’s wealth, let’s get together to help you through the process.",false,[16,20,24,28,32],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},6,"For Sellers","sellers",{"id":25,"name":26,"slug":27},11,"First-Time Buyers","first-time-buyers",{"id":29,"name":30,"slug":31},38,"Move-Up","move-up",{"id":33,"name":34,"slug":35},53,"Rent vs. Buy","rent-vs-buy","2019-08-19T10:00:09Z","2019-08-19T05:46:46Z",{"id":39,"slug":40,"title":41,"featuredImage":42,"publishedAt":43,"contentType":10,"isVideo":14},1413,"buying-a-home-do-you-know-the-lingo-infographic-2","Buying a Home: Do You Know the Lingo? 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