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Buying a house now could be the best hedge against inflation …EVER!

Reblogger Jim Hale
Real Estate Broker/Owner with ACTIONAGENTS.NET Oregon 780301468

Here is great advice from Georgia that applies just as well here in Oregon.

 

It is a great time to buy.  Low rates.  Low prices.

If it's a great time to buy, it must be a great time to both sell and buy.

 

Because the future is what matters....not the past....

equity you only thought you had anyway.

 

That is so crystal clear, it's hard to see why more current homeowners aren't acting.

 

 

 

Original content by Richard Weisser

 

Buying a home in 2010 is a hedge against inflation.Most economists agree that recent rashes of government spending will ultimately lead to significant inflation. The constant infusion of cash that is intended as a short-term solution will eventually have a long-term effect on the value of a dollar.

One of the best hedges against this expected phenomenon is the purchase of a home during one of the best buyer’s markets in history. With low, low property prices and record low fixed interest rates, there has never been a better time to buy a home.

But if one takes into consideration the fact that a mortgage may be repaid with inflated dollars, the deal only gets better and better. By fixing housing expenses now in terms of the 2010 dollar of today, home buyers will be immune from contrary inflationary economic forces for as long as they own their property.

It’s a tremendous way to protect wealth and to meet your housing needs for decades to come.

 

All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park.

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Jim Hale

Principal Broker / Owner

Graduate, REALTOR Institute             e-PRO

2015 Member, Million Dollar Club of Lane County

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Eugene, OR 97401-1962

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Doug Anderson
Tucker Associates Real Estate Services - Danville, CA
Bay Area Real Estate Views

Thank you for the reblog.  I agree wholeheartedly. ~ Doug

Jul 26, 2010 07:46 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Doug -

Thank you.  It is a solid post.

Jul 26, 2010 08:33 PM
Bryan Watkins
LRA Real Estate Group - Mesa, AZ

Very good thoughts on inflation. I agree that owning tangible property is the way to go in the next years.

Jul 27, 2010 12:11 AM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Real estate will do just fine over the long haul.  But the boom will not return.

Jul 27, 2010 05:59 AM