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Worried about inflation?
Dated: July 17 2022
Don't Let Rising Inflation Delay Your Homeownership Plans.
If headlines of recent inflation are making you wonder if it's
still a good time to buy a home,
here's what the experts have to say.
Housing is an Asset That Typically Grows in Value
"If you have cash and are expecting inflation, you want to think through where you can
put your money so it does not lose value. Housing is commonly looked at as a good
Cheif Economist, Zonda
Your Mortage Helps Stabilize Your Monthly Housing Costs
"A fixed-rate mortgage allows you to maintain the biggesst portion of
housing expenses at the same payment. Sure, property taxes will rise
and other expenses may creep up, but your monthly housing payment remains
the same. That's certainly not the case if you are renting."
Senior Wealth Management Reporter, Bankrate
Buying Protects You From Rising Rents
"Homeowners are shielded from mounting rental prices because their cost is fixed,
regardless of what's happening in the market...Tangible assets like real estate
get more valuable over time, which makes buying a home a good way to spend your money
during inflationary times."
Advisor Staff, Forbes
We are not attacking renters here, we understand that sometimes renting is a easier
and better choice for people due to their lifes needs. We have people coming into and out
of our market all the time that are here for a limited time and it might just make more
sense for them to rent for a year or two, we get that.
If you are on the fence and what to get more information about home ownership and how
it historically is a good hedge against inflation, Let's Connect. We are here to help
with the homebuying process.
Sources: Bankrate, Forbes
Hello, I'm Travis Hiatt I'm the broker and owner of NextHome Beyond in North Liberty, IA. I work primarily in the Iowa City and Cedar Rapids metro areas of Iowa. I love Real Estate and sales and h....