Homes Appreciate Faster than the Cost of Goods
Home Ownership is a Hedge Against Inflation
Hi, I’m Eren Millam with Premiere Property Group and if you’re a homeowner or are about to own a home, I have some great news for you!
We all know that owning a home is a great investment, so why would we pay someone else’s mortgage when we could be paying our own? With inflation on the rise, buying a home might seem like an unsafe bet, but a surprising benefit to homeownership is that owning a home can actually be a hedge against the effects of inflation. As you can see below, for most decades home price appreciation outperforms inflation.
Home Appreciation Outpaces Inflation
According to HPES, based on increasing home equity, if you had purchased a home for $360K in January of 2022, you would see $96,342 in equity after just five years! That’s almost $20,000 a year, just for owning a home! You absolutely do not want to miss out on that equity! If you think you’re ready to start gaining equity in your next home or cash out on the equity you’ve already gained, make sure to contact my team. We can help get the process started for you!
I’m Eren Millam and remember, Extraordinary Service Delivers Extraordinary Results
If you’re thinking of buying or selling your home in the west Lewis County area, contact me today! I’d love to hear from you! Eren Millam – Managing Broker Premiere Property Group, LLC WA License No. 26933
Chehalis, WA 98532 Centralia, WA 98531
Call/Text: (360) 219-3616
Check us out on FB: https://www.facebook.com/erenmillamrealtor
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