If you’re a Buyer then it might feel a little like doomsday. Mortgage interest rates have risen over the past few months, and inflation is making the costs of goods much more expensive. The good news is that purchasing a house is one of the best hedges against inflation. In a recent Gallup poll, Americans chose real estate as the best long-term investment, beating out the stock market, and gold. When you purchase your home you lock in your monthly housing payments – shielding yourself from increasing housing payments. Additionally, your house is an asset that typically increases in value over time – even during inflation. As prices rise, the value of your home does too, and that makes buying a home a great hedge during periods of high inflation.
Visit sellingslchomes.com to find your dream home.