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Inflation is a homewoner's BEST FRIEND

Like every cloud has a silver lining, so does inflation for every home owner. Here is my point. If you bought a home 10 years ago and had a payment of $1,000.00, it was a substantial expence. The same $1,000.00 today is very manageable and not as much of a burden.That being said, keep in mind that we just came through the years with the lowest inflation in recent history. Now imagine what the same $1,000.00 will have the power to purchase in the next 10 years. Maybe a good lunch??? Seeing what the gas prices, food prices and energy prices have done in just the last year, we all can be sure that inflation is here to stay and will rage in the years to come.

Here is the only viable solution for renters and buyer that are on the fence. Go out and buy a home from this depressed market at a reduced price and get yourself a 30 yr fixed rate loan at around 5.50%. Sit back and marvel at your brave, smart decision. You can be sure that you'll be financing your American Dream with cheap dollars and getting cheaper every year. You'll look back at this time and tell your family and friends, what a wise move you made at the time that a lot of people saw nothing but gloom and doom. Not only that you have a roof over your head, a great tax deduction, but a place that you'll be able to call HOME.

That being said, we all should cheer inflation and be glad that we are in the business we're in to be able to help future generations achive the American Dream.

Posted Wednesday Sep 17