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Homeownership Helps Protect You from Inflation [INFOGRAPHIC]

Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months. Especially when inflation is up, having a stable housing payment can be helpful. Let’s connect so you can learn more and start your journey to owning a home today.

Homeownership Helps Protect You from Inflation [INFOGRAPHIC] Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.

Do you have a go-to vacation spot you visit each summer? If so, it may make sense to buy a home there. A second home can give you a consistent place to spend quality time with your friends and loved ones, and it ensures you always have a vacation destination. DM me to get your search started if you have the goal of buying a vacation home.

Your mortgage pre-approval is an important first step in your homebuying journey. By getting pre-approved you’ll know what you can borrow for your home loan and you’ll be able to show sellers you’re serious about purchasing their house. DM me any questions you have about how to get started on your path to homeownership.

Saving for a Down Payment? Here’s What You Need To Know.

If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may be because you believe you must put 20% down. That doesn’t necessarily have to be the case. As NAR notes, “One of the biggest misconceptions among housing consumers is what the typical down payment is and what amount is needed to enter homeownership.”

And a recent Freddie Mac survey finds, “. . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived barriers to achieving homeownership.”

Here’s the good news. Unless specified by your loan type or lender, it’s typically not required to put 20% down....

Saving for a Down Payment? Here’s What You Need To Know. If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase.