Buying a house now could be the best hedge against inflation …EVER!

Richard Weisser, a colleague in Georgia, states in a few concise words why today presents an opportunity to build a strong financial foundation for yourself. No matter whether you live in Georgia or in San Mateo County, California or the Silicon Valley, taking the step to buy a home or investment property today can help you reap benefits in the future.

 

Buying a home in 2010 is a hedge against inflation.Most economists agree that recent rashes of government spending will ultimately lead to significant inflation. The constant infusion of cash that is intended as a short-term solution will eventually have a long-term effect on the value of a dollar.

One of the best hedges against this expected phenomenon is the purchase of a home during one of the best buyer’s markets in history. With low, low property prices and record low fixed interest rates, there has never been a better time to buy a home.

But if one takes into consideration the fact that a mortgage may be repaid with inflated dollars, the deal only gets better and better. By fixing housing expenses now in terms of the 2010 dollar of today, home buyers will be immune from contrary inflationary economic forces for as long as they own their property.

It’s a tremendous way to protect wealth and to meet your housing needs for decades to come.

 

All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
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Lottie Kendall, Realtor®

Compass

CA DRE#10215160; 650-465-4547

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Comment balloon 6 commentsLottie Kendall • July 27 2010 10:15AM

Comments

Lottie - property ownership is still the best investment for most people ..... they generally know more about realestate than any other type of investment before they get involved.

Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) over 8 years ago

Lottie,  those buying a home in San Mateo County, California,the Silicon Valley should be appreciative that you found and posted this at a local level.  Solid advice.

Posted by Mary Kay Hopkins, e-PRO,GRI,CRS (Mary Kay Hopkins, LLC e-PRO, GRI, CRS, CRB) over 8 years ago

Kathy, you're so right. Many people have utilized property ownership to create personal wealth and security, and now is a great time to get started or increase ones holdings.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 8 years ago

Mary Kay, I hope the re-post helps more than one person take the step.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 8 years ago

Thanks for reposting this Lottie, I had missed Richards original.  It is great advice and with the inventory, prices, and interest rates where they are it's the perfect time indeed!

Posted by Lee & Pamela St. Peter, Making Connections to Success in Real Estate (Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522) over 8 years ago

Hi there, Lee and Pamela--Richard has an eloquent simplicity doesn't he? I'm glad you saw his post--it's a great one.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 8 years ago

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