The 4th of July is here and I want to wish all of you the best this holiday.
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Every Fourth of July, I think about how fortunate I am to be a homeowner and to be able to help so many people reach the dream of American homeownership. Did you know that homeowners are, on average, 44 times wealthier than non-homeowners? The average net worth of a homeowner today is $231,000, while the average net worth of a renter is $5,200. At the same time, the median sale price here in America has risen from $121,000 in 1990 to $307,000 today. If you’ve owned a home for the last 20 years, you have a sizable nest egg from that home’s value going up over the years. If you’re curious what your home is worth in today’s market, you can use our home valuation tool right here on our website. In the meantime, have a safe and happy Fourth of July weekend!