HAPPPY NEW YEAR!!!
I hope you and your family are doing well and you stay on track for all of your New Year goals.
Check out the charts below. In 2021:
But how much longer will this run last? With inventory at record lows and demand still high, don’t anticipate prices to come down. We may not see record appreciation like in 2021, but I’ve seen forecast between 7% – 14%.
Keep in mind, real estate is probably the best hedge against inflation because property values over time tend to stay on a steady upward curve. Real estate investments can also provide potential recurring income for investors and can keep pace or exceed inflation in terms of appreciation. This is why muli-family property has appreciated the most.