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The Big Difference Between Renter and Homeowner Net Worth

The Big Difference Between Renter and Homeowner Net Worth

by Patria Pichardo | Apr 17, 2025 | Equity, Rent vs Buy

When comparing the net worth of renters and homeowners, the disparity is often striking. The fundamental reason for this gap lies in how each group builds wealth and accumulates assets over time. Let’s take a closer look at the key differences between renters and...
How Much Home Equity Have You Gained? The Answer Might Surprise You

How Much Home Equity Have You Gained? The Answer Might Surprise You

by Patria Pichardo | Jan 15, 2025 | Equity, Home Prices

Have you ever stopped to think about how much wealth you’ve built up just from being a homeowner? As home values rise, so does your net worth. If you’ve owned your house for a few years (or longer), there’s a good chance you’re sitting on a pile of equity — and it...
Homeowners Gained $28K in Equity over the Past Year

Homeowners Gained $28K in Equity over the Past Year

by Patria Pichardo | Jul 3, 2024 | Equity, Sellers, Selling Tips

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you’re building equity much faster than you might think. Here’s how it works. Equity is the current value of your home minus what you owe on the...
Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC]

Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC]

by Patria Pichardo | Jun 14, 2024 | Equity, For Buyers, Infographic, Rent vs Buy

Some Highlights According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years. That’s because a home is so much more just than a roof over your head. It’s also an asset that typically grows in value over...
The Wealth-Building Power of Homeownership [INFOGRAPHIC]

The Wealth-Building Power of Homeownership [INFOGRAPHIC]

by Patria Pichardo | Jun 7, 2024 | Equity, First Time Home Buyers, For Buyers, Infographic

Some Highlights If you’re trying to decide if buying a home is worth it, consider the long-term benefits, like building equity as home values grow over time. According to the FHFA, home values have increased by 315.7% since 1991. Home equity is one reason owning your...
Your Equity Could Make a Move Possible

Your Equity Could Make a Move Possible

by Patria Pichardo | Jun 6, 2024 | Equity, Sellers, Selling Tips

Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re in the same...
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