My New Blog

Home prices are still over-heating. Mortgage rates are higher but there still are few homes to buy. Homeowners do not want to sell because they may not be able to re-locate due to the lack of inventory. According to the National Association of Realtors, yes, I am one of them, investors and cash buyers have increased during the past two years. What happen to the notion that Housing is the cost of shelter to own the debt, it's not an investment. Now with inflation rearing its ugly head, will the investors leave. I doubt it, home buying could be considered the best hedge against inflation.