Rent vs. Buy Archives - Stig Bergquist

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

by Stig Bergquist | Oct 7, 2020 | Buyers, First Time Home Buyers, Rent vs. Buy

One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a...

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

by Stig Bergquist | Aug 28, 2020 | Buyer, First Time Home Buyers, Infographic, Rent vs. Buy

Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving...