May 2022 National Market Update #5 Why is Home Ownership Good when Inflation is on the Rise?

National Market Update #5 Why is Home Ownership Good when Inflation is on the Rise?

We all know that owning a home is a great investment, why would we pay someone else’s mortgage when we could be paying our own? But with inflation on the rise, is there another benefit to home ownership? Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty and I have some great news for you!

If you are a homeowner, or if you are soon to be one! With inflation still rising and heavily affecting the economy, home ownership can be a hedge against the effects of inflation. As you can see here (Use Slide Here), most decades home price appreciation outperforms inflation. According to HPES, based on the increasing home equity if you were to have purchased a $360K home is January of 2022, you would see $96,342 in equity after just 5 years. Appreciation in home value outpaces the cost of rising inflation, and you don’t want to miss out on that equity. If you’re ready to start getting equity in your next home, or cash out on the equity you’ve already accrued, make sure to contact my team and we can get the process started! 

And ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay offering you simplified and transparent choices! Tanja Odzak, Our East Bay Home AND eXp Realty and I’m always here to help. Reach out anytime even if you’ve just got questions.

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?

Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW

Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW

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