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Rising Real Estate Prices And Where You Can Invest Now: ANNOUNCEMENT The housing market is coming off 2021 in which rising real estate prices soared to an unsustainable 18.8%. In December, the average 30-year fixed mortgage rate issued was 3.11%. And as of the most recent assessment, that 30-year rate is up to 3.92%. In December, the average 30-year fixed mortgage rate issued was 3.11%. And as of the most recent assessment, that 30-year rate is up to 3.92%. Season investors agree it's unlike any other buying time in recent history. Rising real estate prices are due to multi-faceted trends such as supply chain disruptions, the pandemic, and of course the huge percentage of us who are remote working. You let the management company run the show and you let the renters pay off your mortgage, and rising real estate prices will incentivize your renters to stay longer. Negotiating with the builders helps to skip the waiting lines for newer homes as rising real estate prices are further driving investors to buy now. Sometimes there will still be waiting lines if inventory is short. From the builder's perspective, the rising real estate prices have only increased the demand as rising real estate prices are driven in part by a lack of available building supplies and other megatrends. The builder's mindset is that the homeowner inspired by the rising real estate prices is going to be living in the house, while an investor could change their strategy for a better deal, at any time. Even during rising real estate prices we still desire having a yard, and room for a home office. "With large populations of the workforce moving out of the cities and into the suburbs, and can live anywhere. Many aren't ready to afford homeownership and make perfect long- term renters. It’s actually a great time to invest in single-family homes as rental properties.” –Adiel Gorel, owner of International Capital Group Rising real estate prices and inflation will keep renters from moving for longer than the average. And the 30-year fixed-rate loan makes inflation erode the real value of the loan day after day, while the tenant is paying off that loan. ICG will be hosting the live zoom event soon. Register under Events at ICGRE.com Contact Us At: https://icgre.com
