Building Wealth
A wealth of housing data clearly demonstrates that housing is a good long-term investment. According to a study by the U.S. Department of Housing and Urban Development, 60 percent of a homeowner’s wealth is from the equity they have built in their home. A Federal Reserve study has shown that the average homeowner’s net worth is 46 times the net worth of the average renter.
“Building Wealth” is a movie from the National Assocaition of Realtors, emphasizing the importance of homeownership in creating long-term wealth, and encouraging buyers who are on the fence about making a home purchase to contact a REALTOR® who can help them make a smart investment in their future.
