U.S. Won’t be Nation of Renters

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.

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