Real Estate June 26, 2024

Why Real Estate is a Good Investment in ANY Market

Your dream of owning a desert home is still attainable, even in this dynamic real estate market!

With years of devoted experience as a Realtor, I aim to address your concerns about the increasing interest rates and illustrate why the present moment remains opportune for realizing your homeownership aspirations.

Seize the Opportunity: Despite the uptick in interest rates, they are still relatively low compared to historical norms. Taking action now enables you to secure a favorable rate before potential further increases.

A Prudent Investment: Real estate stands out as a wise long-term investment. Beyond providing shelter, purchasing a home means building equity and investing in an asset with the potential for appreciation over time, contributing to the growth of wealth and financial stability.

Market Resilience: Real estate consistently demonstrates resilience. Regardless of fluctuations in interest rates, the demand for housing remains robust. Homeownership allows you to benefit from market stability and capitalize on potential appreciation in property value.

Monthly Affordability: While higher interest rates impact mortgage payments, it’s crucial to consider the broader perspective. A modest increase in rates may have a minimal effect on your monthly payment compared to waiting, potentially facing higher home prices and rates in the future. Moreover, there’s always the option to refinance if rates decrease.

Your Forever Home: Purchasing a home is more than just a financial decision; it’s about discovering a place to call your own, creating cherished memories, and having the freedom to customize your living space to reflect your unique style and needs. It’s your dream home, after all!

Jeff Fishbein is a distinguished REALTOR with Coldwell Banker Realty, the leading real estate agency in the desert. Jeff has achieved remarkable success in assisting both home sellers and buyers, earning a stellar 5-star rating on Jeff’s mantra is simple yet impactful: NOT the BIGGEST Realtor, but the BEST!