[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f16f30tdnx4rtp":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},4009,"how-homeownership-can-help-shield-you-from-inflation","How Homeownership Can Help Shield You from Inflation","If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F25102825\u002F20220426-KCM-Share.jpg","If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile.\u003C!--more-->\r\n\r\nIf you’ve been thinking about \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F05\u002Fwhat-you-need-to-budget-for-when-buying-a-home\u002F\">purchasing a home\u003C\u002Fa> this year, you’re probably wondering if you should continue down that path or if it makes more sense to wait. While the answer depends on your situation, here’s how \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F11\u002Fusing-your-tax-refund-to-achieve-your-homeownership-goals-this-year\u002F\">homeownership\u003C\u002Fa> can help you combat the rising costs that come with inflation.\r\n\u003Ch4>\u003Cstrong>Homeownership Offers Stability and Security\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cem>Investopedia\u003C\u002Fem> \u003Ca href=\"https:\u002F\u002Fwww.investopedia.com\u002Fterms\u002Fi\u002Finflation.asp\">explains\u003C\u002Fa> that during a period of high inflation, prices rise across the board. That’s true for things like food, entertainment, and other goods and services, even housing. Both \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F16\u002Fare-you-wondering-if-this-is-the-year-to-buy-a-home\u002F\">rental prices\u003C\u002Fa> and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F07\u002Fthe-future-of-home-price-appreciation-and-what-it-means-for-you\u002F\">home prices\u003C\u002Fa> are on the rise. So, as a buyer, how can you protect yourself from increasing costs? The answer lies in homeownership.\r\n\r\nBuying a home allows you to stabilize what’s typically your biggest monthly expense: your housing cost. If you get a fixed-rate mortgage on your home, you lock in your monthly payment for the duration of your loan, often 15 to 30 years. James Royal, Senior Wealth Management Reporter at \u003Cem>Bankrate, \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.bankrate.com\u002Finvesting\u002Finflation-hedges-to-protect-against-rising-prices\u002F\">says\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“\u003Cstrong>A fixed-rate mortgage allows you to maintain the biggest portion of housing expenses at the same payment.\u003C\u002Fstrong> Sure, property taxes will rise and other expenses may creep up, but your monthly housing payment remains the same.”\u003C\u002Fem>\u003Cem> \u003C\u002Fem>\u003C\u002Fblockquote>\r\nSo even if other prices rise, your housing payment will be a reliable amount that can help keep your budget in check. If you \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F25\u002Fthe-difference-between-renting-and-owning-infographic\u002F\">rent\u003C\u002Fa>, you don’t have that same benefit, and you won’t be protected from rising housing costs.\r\n\u003Ch4>\u003Cstrong>Use Home Price Appreciation to Your Benefit\u003C\u002Fstrong>\u003C\u002Fh4>\r\nWhile it’s true rising \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F20\u002Fhow-to-approach-rising-mortgage-rates-as-a-buyer\u002F\">mortgage rates\u003C\u002Fa> and \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F24\u002Fwhat-you-can-expect-from-the-spring-housing-market\u002F\">home prices\u003C\u002Fa> mean buying a house today costs more than it did a year ago, you still have an opportunity to set yourself up for a long-term win. Buying now lets you lock in at today’s rates and prices before both climb higher.\r\n\r\nIn inflationary times, it’s especially important to invest your money in an asset that traditionally holds or grows in value. The graph below shows how home price appreciation outperformed inflation in most decades going all the way back to the seventies – making homeownership a historically strong hedge against inflation (\u003Cem>see graph below\u003C\u002Fem>):\r\n\r\n\u003Ca href=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F25102826\u002F20220426-MEM-Eng-1.png\">\u003Cimg class=\"aligncenter wp-image-46384\" src=\"https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F25102826\u002F20220426-MEM-Eng-1.png\" alt=\"How Homeownership Can Help Shield You from Inflation | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>\r\n\r\nSo, what does that mean for you? Today, experts say home prices will only go up from here thanks to the ongoing imbalance in supply and demand. Once you buy a house, any \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F21\u002Fthe-average-homeowner-gained-more-than-55k-in-equity-over-the-past-year\u002F\">home price appreciation\u003C\u002Fa> that does occur will be good for your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F04\u002F08\u002Fdo-you-know-how-much-equity-you-have-in-your-home-infographic\u002F\">equity\u003C\u002Fa> and your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F28\u002Fa-key-to-building-wealth-is-homeownership\u002F\">net worth\u003C\u002Fa>. And since homes are typically assets that grow in value (even in inflationary times), you have peace of mind that history shows your \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F02\u002F21\u002Freal-estate-voted-the-best-investment-eight-years-in-a-row\u002F\">investment\u003C\u002Fa> is a strong one.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re ready to buy a home, it may make sense to move forward with your plans despite rising inflation. If you want expert advice on your specific situation and how to time your purchase, let’s connect.","\r\nIf you’re ready to buy a home, it may make sense to move forward with your plans despite rising inflation. If you want expert advice on your specific situation and how to time your purchase, let’s connect.","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F25102826\u002F20220426-MEM-Eng-1.png",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},11,"First-Time Buyers","first-time-buyers",{"id":30,"name":31,"slug":32},35,"Mortgage Rates","mortgage-rates","2022-04-26T10:00:24Z","2022-11-16T17:30:33Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},4008,"is-it-enough-to-offer-asking-price-in-todays-housing-market","Is It Enough To Offer Asking Price in Today’s Housing Market?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F21151533\u002F20220425-KCM-Share-3.jpg","2022-04-25T10:00:54Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},4010,"the-dream-of-homeownership-is-worth-the-effort","The Dream of Homeownership Is Worth the Effort","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F04\u002F25135133\u002F20220427-KCM-Share.jpg","2022-04-27T10:00:16Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[52,56,57,61,65,69,70,71,75,76,80,84,88,92,96,100,104,108,112,116,120,124,128,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":22,"name":23,"slug":24},{"id":26,"name":27,"slug":28},{"id":72,"name":73,"slug":74},34,"Senior Market","senior-market",{"id":30,"name":31,"slug":32},{"id":77,"name":78,"slug":79},38,"Move-Up","move-up",{"id":81,"name":82,"slug":83},41,"For Sale by Owner","for-sale-by-owner",{"id":85,"name":86,"slug":87},42,"Featured","featured",{"id":89,"name":90,"slug":91},45,"New Construction","new-construction",{"id":93,"name":94,"slug":95},52,"Luxury \u002F Vacation","luxury--vacation",{"id":97,"name":98,"slug":99},53,"Rent vs. Buy","rent-vs-buy",{"id":101,"name":102,"slug":103},80,"Time-sensitive","time-sensitive",{"id":105,"name":106,"slug":107},81,"Outdated","outdated",{"id":109,"name":110,"slug":111},147,"Internal","internal",{"id":113,"name":114,"slug":115},148,"Do Not Autopost","do-not-autopost",{"id":117,"name":118,"slug":119},320,"Inventory","inventory",{"id":121,"name":122,"slug":123},321,"Agent Value","agent-value",{"id":125,"name":126,"slug":127},322,"Affordability","affordability",{"id":129,"name":130,"slug":131},323,"Buying Tips","buying-tips",{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]