Owning a home is more than just a place to live; it’s a powerful tool for building wealth and securing a brighter future. The American Dream has long been associated with homeownership, and for good reason. Here is some handy information on why owning a home matters and how to build generational wealth for your children.
The Wealth-Building Power of Homeownership
Net Worth Comparison
Did you know that the average homeowner has 40 times the net worth of renters? It’s true! Homeownership provides a unique opportunity to accumulate wealth over time. As property values appreciate, equity grows, and homeowners benefit from both shelter and financial stability.
The Equity Advantage
Equity is the difference between your home’s value and the outstanding mortgage balance...
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