Real Estate Voted the Best Investment Eight Years in a Row
If you’re not sure where to invest, Real Estate is seen as a better investment than stocks, gold and savings for 8 year per an annual Gallup poll.
Typically, homebuyers are locked into a (fixed) mortgage rate. If you’re currently renting, you are not protected from rising rents. The average homeowner’s net worth is more than 40 times greater than that of the average renter!
Even during inflation, your house is an asset that typically increases in value over time. Why? As prices rise, the value of your home usually does, too. Buying a home is a great hedge during periods of high inflation.
Natalie Campisi, Advisor Staff for Forbes, notes: “Tangible assets like real estate get more valuable over time, which makes buying a home a good way to spend your money during inflationary times.”
Real Estate is highly local – if you’re considering purchasing a home in the Chicago suburbs, contact The Glockler Group. (708) 480-2011. With an unparalleled four decades of local market expertise, we can go over the specific market(s) in which you’re looking.
(Source: Gallup and KCM)