Inflation
When inflation is high, it can be difficult to maintain the value of your money. This is especially true if you are trying to save for the future or invest in something that will grow in value over time. One way to combat this is by investing in real estate.
Real estate is a tangible asset that tends to hold its value even when the economy is struggling. In fact, during times of high inflation, real estate can be a great investment because it offers stability and security. Additionally, when you own property, you have the potential to earn income from rent or through capital gains when you sell.
Real estate is a tried and true investment that can help you protect your money during times of high inflation. By investing in property, you can rest assured that your money will go further – even in tough times.
Autumn
As the leaves start to change color and the temperature begins to cool down, many people assume that it's too late to sell their homes. However, there are several benefits to selling your home in the fall.
1. There's Less Competition
Compared to the spring and summer months, there is less competition for homes in the fall. This means that you'll have a better chance of getting your home sold quickly and for a good price.
2. The Holidays Are Coming
Many buyers are looking to purchase a home before the holidays so they can spend them in their new home. If you list your home in the fall, you'll have plenty of time to find a buyer and close on the sale before Christmas.
3. The Weather Is More Pleasant
The weather is cooler and more pleasant in the fall than it is in the summer. This can be appealing to buyers who don't want to deal with the heat or who don't want to move during the summer months.
4. There's Less Chance of a Natural Disaster
Since most natural disasters occur in the summer, there is less chance of one happening in the fall. This can be appealing to buyers who are worried about the potential damage that could be caused by a natural disaster.
Buying a home
Buying a home is a huge milestone in anyone’s life. It’s an exciting time when you finally have the opportunity to become a homeowner. There are many benefits of buying a home, such as building equity, having stability and security, and enjoying tax breaks.
Building Equity: When you buy a home, you are building equity. This is the percentage of your home that you actually own. Over time, as you make mortgage payments and the value of your home increases, your equity will grow. This is a great way to save for retirement or for other big expenses down the road.
Stability and Security: Owning a home provides stability and security for you and your family. You know that you have a place to call your own that you can always come back to. You don’t have to worry about being kicked out on short notice or being unable to find a place to live.
Enjoying Tax Breaks: Homeownership comes with many tax breaks. For example, you can deduct the interest on your mortgage from your taxable income. This can save you quite a bit of money each year.
Curious about the process? Call 708-377-6655 to speak to one of our brokers! No pressure. Just a friendly conversation.
Joanna Lewkowicz
Phone:+1(708) 226-4848