Athens GA Home Prices and Inflation

Success Realty Inflation InfoDid you know that real estate investments can protect you from inflation?  While higher prices can can cause some negative effects you lower the loan to value of your debt & increase equity, but payments remain the same as long as you have a fixed rate mortgage.

Inflation is not good news for buyers looking to get into the market and buy a home right this minute, but overall interest rates are still historically low.

If you already own a home, the increasing value actually acts as a hedge against inflation and can be one of the best protects against rising prices.

There are a lot of factors that have contributed to the real estate market conditions we have right now in Athens, GA.  These include construction delays, inventory levels being at an all time low, supply line issues, and increasing mortgage rates and inflation.

Every potential buyer and seller of real estate has different needs and motivations, although the market may look in flux right now it can still be a good time to buy or sell in our area.  First time buyers have opportunities coming again to get affordable housing, now is the time to get ready.  Our Success Realty agents stand ready to help you navigate this market and have real estate success stories.

 

Speak Your Mind

*