It doesn’t matter who you are or what your situation is. We are all concerned about securing our future. But something that not everybody realizes is that buying real estate is one of the smartest investments you can make in your financial future and your current net worth. Read on to find out why.

 

The numbers don’t lie. Every three years, the Federal Reserve conducts its Survey of Consumer Finances in which they collect data about consumers and their finances. The latest survey, which includes data from 2010-2013, reports that a homeowner’s average net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

While the data representing 2014-2016 has not been released yet, one expert believes that average gap between homeowners and renters has actually widened further.

Why is homeownership a great investment? Because it helps build your assets. If you pay for rent, you aren’t seeing any return on that money save for the roof over your head. When you pay into a mortgage, you’re investing in something that you will eventually own and that will actually appreciate in value over time.

When it comes to buying real estate, one thing is very clear. A homeowner’s net worth will always be greater than a renter’s. If you’re ready to take that next step and make a smart financial investment in your future, we would love to help! The Jansen Team’s agents are experts in Omaha area real estate and will help you find the perfect home! Contact us today.