Defining the American dream is personal and no individual will have the exact definition of another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream.
The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]
Some Highlights
While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.
Last July, prices started to decline, but around February, they began climbing back up.
If you put your plans to move on hold waiting to see what would happen with home prices, reach out to a local real estate expert to discuss if now’s the right time to jump back in.
Article source https://www.keepingcurrentmatters.com/2023/05/12/the-worst-home-price-declines-are-behind-us-infographic/.
Owning a Home Helps Protect Against Inflation
You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why.
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