Homeowners Worth More Than Renters

Homeowners may finally have something to smile about. A report by the National Association of Realtors reveals that homeowners' net worth is roughly 41 times that of the average renter.

In dollars and cents, the group estimates that the average homeowner's net worth ranges from $150,000 to $200,000, thanks primarily to home equity value.

One caveat: The latest data provided by the Federal Reserve was released in 2007, when the market was – to put it gently – more robust.