A good reason to jump in and buy a home instead of renting…
Lawrence Yun, chief economist for the National Association of Realtors, recently pointed out some interesting research from the Federal Reserve. Between 1995 and 2004, the average renter accumulated $4,000 in wealth. In contrast, the average homeowner accumulated $184,400.
Can you imagine what those numbers would be for Marin County and the San Francisco Bay Area?