If you want to build wealth, owning is still better than renting!

In the last couple of years more and more people became renters.  Recently a study looked at what that meant for building wealth.

The recent housing crisis has prompted questions over whether homeownership is still a viable way toward greater wealth in this country. Confidence in homeownership was shaken during the recent recession, and many Americans became renters as the number of renters rose nearly 25 percent since the housing crisis. The homeownership rate, in turn, has fallen from a peak of nearly 70 percent in 2004 to a two-decade low of 64.3 percent recently.  Read more...

Ready to buy?  Call the Research Coast Realty Team at Keller Williams Realty Port St. Lucie of Odaly Victorio at 772.237.1655 or Marisela Fernandez at 772.237.1718.