- Nov. 14, 2022
-- Per Jan Keller, Top Producing Real Estate Agent for Coldwell Banker Schmitt Real Estate, and owner of Kellerporterteam.com "Everything about Real Estate in Islamorada and the Upper FL Keys."
This is a good time to invest in real estate because there's so much opportunity. While there are plenty of people that would say otherwise and reasons not to take action, you really have to ask yourself if not now then when? And, the more you wait, the fewer opportunities you will have.
- Prices are stabilizing. Even in the hottest markets in the country, prices are stabilizing as the overall real estate environment reaches its plateau. This means that prices will still go up, but at a much slower pace which means that homes are more affordable now than they will be in the future.
- Property values continue to outpace inflation. Real estate is always part of a good investor's portfolio because it does a few things really well. Principal among those benefits is the fact that real estate values outpace inflation and that's a very good thing to have in your favor.
- Interest rates are set to incrementally increase. The Federal Reserve has set out its long-term plan to keep bumping up interest rates into the foreseeable future. Even though interest rates are rising and set to go higher, now is a great time to get in before those rates become unaffordable. Besides, it's always possible to refinance and lower that rate in the future.
- Real estate acts as a hedge against the stock market. Diversification is key to building wealth. Savvy investment advisors know this, which is why they put their clients in a variety of investment products. And, real estate has one of the longest and most impressive track records of all investments.
- Rent prices will continue to rise steeply without an ROI. Even though home values are on the rise, rental rates are going up much higher and faster. What's more, that money is going to build someone else's wealth while you're throwing it away.
For More Information About Islamorada Luxury Homes For Sale In The Upper Florida Keys.
Please Contact Jan athttp://kellerporterteam.com/
Or Call 305-664-7069