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Housing Market Facts

  • Over the last 30 years home values have risen more than 6% annually.
  • On average, the value of a home doubles every 10 years.
  • 60 percent of the average homeowner’s wealth comes from the equity in their home.
  • The average homeowner’s net worth is $171,000. That’s nearly 46 times that of a renter’s, who has an average net worth of $4,800.
  • Homeowners benefit from the power of leverage. At an annual appreciation rate of 5%, a 10% down payment on a home will return 94% in 3 years. After 5 years the rate of return increases to 225% and after 10 years 623%. Try the Home Equity Calculator.


* Source of the above information Harvard University’s Joint Center For Housing Studies as shown on  1/15/2008.


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