06/10/2025
Owning a home isnโt just about having a place to live, itโs still the ๐ฌ๐ข๐ง๐ ๐ฅ๐ ๐๐ข๐ ๐ ๐๐ฌ๐ญ ๐ฐ๐๐๐ฅ๐ญ๐ก ๐๐ฎ๐ข๐ฅ๐๐๐ซ ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐. ๐ก
According to the latest Federal Reserve data, the average homeowner now has a net worth of $430,000. The average renter? Just $10,000. Thatโs a 43x gap (June 2025).
Yes, rates are high, and home prices can feel out of reach. But if youโre thinking long-term, owning still puts you on a different financial path. The reason? ๐๐ช๐ฎ๐ข๐ญ๐ฒ. Homeowners are building it, renters arenโt.
For those renting, there are still smart ways to build wealth: investing in retirement accounts, brokerage accounts, or stocks while saving toward a future home. But studies show most renters would rather own if they could.
National experts say we need more homes under $300K. In many places, including parts of New Hampshire, thatโs still possible. And options like ๐๐จ-๐๐ฎ๐ฒ๐ข๐ง๐ , ๐๐ซ๐๐๐ญ๐ข๐ฏ๐ ๐๐ข๐ง๐๐ง๐๐ข๐ง๐ , ๐จ๐ซ ๐จ๐ฎ๐ญ๐ฌ๐ค๐ข๐ซ๐ญ ๐ง๐๐ข๐ ๐ก๐๐จ๐ซ๐ก๐จ๐จ๐๐ฌ can help make homeownership more accessible.
It wonโt make you rich overnight, but over time, owning a home can be a powerful tool for building generational wealth.