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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Owning a Home Helps Protect Against Inflation

Owning a Home Helps Protect Against Inflation Simplifying The Market

You’re in all probability feeling the affect of excessive inflation day-after-day as costs have gone up on groceries, fuel, and extra. For those who’re a renter, you’re possible experiencing it rather a lot as your hire continues to rise. Between all of these elevated prices and uncertainty a few potential recession, it’s possible you’ll be questioning if it nonetheless is sensible to purchase a house at this time. The brief reply is – it does. Right here’s why. 

Homeownership really shields you from the rising prices inflation brings.

Freddie Mac explains how: 

“Not solely will shopping for at this time show you how to start to construct fairness, a fixed-rate mortgage can stabilize your month-to-month housing prices for the long-term even whereas different life bills proceed to rise – as has been the case the previous few years.”

In contrast to rents, which are inclined to rise with time, a fixed-rate mortgage cost is predictable over the lifetime of the mortgage (sometimes 15 to 30 years). And, when the price of most every little thing else is rising, maintaining your housing cost steady is particularly essential.

The choice to homeownership is renting – and rents are inclined to move alongside inflation. Meaning as inflation goes up, your month-to-month hire funds are inclined to go up, too (see graph under):

A set-rate mortgage lets you shield your self from future hire hikes. With inflation nonetheless excessive, when your rental settlement comes up for renewal, your property supervisor might determine to extend your funds to offset the affect of inflation. Possibly that’s why, according to a latest survey, 73% of property managers plan to lift rents over the following two years.

 Having your largest month-to-month expense stay steady in a time of economic uncertainty is a significant perk of homeownership. For those who proceed to hire, you don’t have that very same profit and aren’t as shielded from rising prices.

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A steady housing cost is particularly essential in occasions of excessive inflation. Join with an actual property agent so you possibly can be taught extra and begin your journey to homeownership at this time.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Latest MLS Listings As we speak

580 Rio Vista Avenue Daytona Beach FL 32114
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Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
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1051 Ocean Shore Boulevard 1103 Ormond Beach FL 32176
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Experience breathtaking, unobstructed ocean views from this elegant 2-bedroom, 2-bathroom direct oceanfront residence, located on the 11th floor of the highly desirable Van Lee condominium. This beautifully maintained unit features tile flooring thro

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1318 Riverside Drive Holly Hill FL 32117
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Related posts:

  1. Should You Still Buy a Home with the Latest News About Inflation?
  2. Should You Buy a Home with Inflation This High?
  3. Why Inflation Shouldn’t Stop You from Buying a Home in 2022
  4. The Impact of Inflation on Mortgage Rates

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

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James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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eXp Realty
386-315-4744
James@JamesJestes.com

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