As a specialist in 55+ communities in Las Vegas, I find this topic particularly relevant to our Las Vegas 55 plus community.
The Big Difference Between Renter and Homeowner Net Worth
Some Highlights
- If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
- Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.
- Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
Dr. Duffy’s Local Insights:
In relation to the above, the Las Vegas 55+ housing market offers unique opportunities this season. For instance, www.searchforhomeslasvegas.com has the lastest news. It’s an exciting time for those considering a move to a 55+ community in our vibrant city.
Las Vegas Market Update: The current market shows https://drjanduffy.realscout.com/onboarding, indicating a great time for buyers/sellers in the 55+ communities.