Aug, 07 2012
Renters net worth vs homeowners net worth
According to the National Association of Realtors renters' typical net worth does not change and have about $4,000 in net worth vs home owners who typically have $160,000 which is down from $230,000 at the height of the housing bubble.
This can cause a greater unequal distribution of net worth in the future as prices on homes rise and this time with sound loans that will not crash.
Banks are loaning again, call us to give you a referral to a bank who can get the job done.
People ask when the "bottom" of the market will be, I think we are past it and the only way to tell will be to look back 6 months and say yes it was back then...