U.S. Won’t be Nation of Renters
According to the National Association of Realtors®, (NAR) the U.S. will not become a nation of renters.
Currently, over 65 percent of Americans are homeowners, a rate that has held since the 1960’s. It’s no wonder why most Americans seek out a home of their own.
Homeownership has both financial and social benefits. According to the most recent data from the Federal Reserve Board, a homeowner’s net worth is 45.9 times that of a renter’s.
Looking to buy? Check out our Homeownership Simplified section for more information, resources, and tips on buying a home in Washington!