[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2ar8e0f76r3be":3,"$ffeh0925h8cuz":46,"$fbwk2pqjjqsc7":50},{"item":4,"previous":34,"next":40},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":32,"updatedAt":33},4344,"should-you-still-buy-a-home-with-the-latest-news-about-inflation","Should You Still Buy a Home with the Latest News About Inflation?","While the \u003Cem>Federal Reserve\u003C\u002Fem> is working hard to \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F09\u002F27\u002Fhow-an-expert-can-help-you-understand-inflation-mortgage-rates\u002F\">bring down inflation\u003C\u002Fa>, the latest data shows the \u003Ca href=\"https:\u002F\u002Fwww.bls.gov\u002Fnews.release\u002Fcpi.nr0.htm\">inflation rate\u003C\u002Fa> is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F10\u002F18114024\u002F20221019-KCM-Share-2.jpg","While the \u003Cem>Federal Reserve\u003C\u002Fem> is working hard to \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F09\u002F27\u002Fhow-an-expert-can-help-you-understand-inflation-mortgage-rates\u002F\">bring down inflation\u003C\u002Fa>, the latest data shows the \u003Ca href=\"https:\u002F\u002Fwww.bls.gov\u002Fnews.release\u002Fcpi.nr0.htm\">inflation rate\u003C\u002Fa> is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.\u003C!--more-->\r\n\r\nYou’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F09\u002F13\u002Fthree-things-buyers-can-do-in-todays-housing-market\u002F\">pinch\u003C\u002Fa> it’s creating on your wallet and the looming economic uncertainty may leave you wondering: \u003Cem>“should I still \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F10\u002F05\u002Fthe-long-term-benefit-of-homeownership\u002F\">\u003Cem>buy a home\u003C\u002Fem>\u003C\u002Fa>\u003Cem> right now?”\u003C\u002Fem> If that question is top of mind for you, here’s what you need to know.\r\n\u003Ch4>\u003Cstrong>Homeownership Is Historically a Great Hedge Against Inflation \u003C\u002Fstrong>\u003C\u002Fh4>\r\nIn an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your mortgage) for the duration of your loan. That helps stabilize some of your monthly expenses. 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\">explains\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>\u003C\u002Fblockquote>\r\nAnd with \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F09\u002F30\u002Fwhy-buying-a-home-may-make-more-sense-than-renting-infographic\u002F\">rents\u003C\u002Fa> being as high as they are, the ability to stabilize your monthly payments and protect yourself from future rent hikes may be even more important. Lawrence Yun, Chief Economist at the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fblogs\u002Feconomists-outlook\u002Finstant-reaction-inflation-october-13-2022\">explains\u003C\u002Fa> what happened to rents in the latest inflation report:\r\n\u003Cblockquote>\u003Cem>“Inflation refuses to budge. In September, consumer prices rose by 8.2%. \u003Cstrong>Rents rose by 7.2%, the highest pace in 40 years\u003C\u002Fstrong>.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nWhen you rent, your monthly payment is determined by your lease, which typically renews on an annual basis. With inflation high, your landlord may be more likely to increase your payments to offset the impact of inflation. That may be part of the reason why a \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fjuly-2022-rent\u002F\">survey\u003C\u002Fa> from \u003Cem>realtor.com\u003C\u002Fem> shows \u003Cstrong>72% of landlords said they plan to raise the rent on one or more of their properties in the next year\u003C\u002Fstrong>.\r\n\r\nBecoming a homeowner, if you’re ready and able to do so, can provide lasting stability and a reliable shelter in times of economic uncertainty.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThe best hedge against inflation is a fixed housing cost. If you’re ready to learn more and start your journey to homeownership, let’s connect.","\r\nThe best hedge against inflation is a fixed housing cost. If you’re ready to learn more and start your journey to homeownership, let’s connect.",false,[16,20,24,28],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up",{"id":29,"name":30,"slug":31},53,"Rent vs. Buy","rent-vs-buy","2022-10-19T10:00:40Z","2023-02-03T15:33:45Z",{"id":35,"slug":36,"title":37,"featuredImage":38,"publishedAt":39,"contentType":10,"isVideo":14},4342,"the-latest-on-supply-and-demand-in-housing","The Latest on Supply and Demand in Housing","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F10\u002F14164618\u002F20221018-KCM-Share.jpg","2022-10-18T10:00:24Z",{"id":41,"slug":42,"title":43,"featuredImage":44,"publishedAt":45,"contentType":10,"isVideo":14},4345,"whats-ahead-for-home-prices","What’s Ahead for Home Prices?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F10\u002F19093207\u002F20221020-KCM-Share.jpg","2022-10-20T10:00:52Z",{"cover":47,"open":48,"shareSpread":49},"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",[51,55,56,60,64,68,72,73,77,81,82,86,90,94,98,99,103,107,111,115,119,123,127,131,135,139,143,147,151,155],{"id":52,"name":53,"slug":54},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":57,"name":58,"slug":59},6,"For Sellers","sellers",{"id":61,"name":62,"slug":63},7,"Foreclosures","foreclosures",{"id":65,"name":66,"slug":67},8,"Infographics","infographics",{"id":69,"name":70,"slug":71},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":74,"name":75,"slug":76},34,"Senior Market","senior-market",{"id":78,"name":79,"slug":80},35,"Mortgage Rates","mortgage-rates",{"id":25,"name":26,"slug":27},{"id":83,"name":84,"slug":85},41,"For Sale by Owner","for-sale-by-owner",{"id":87,"name":88,"slug":89},42,"Featured","featured",{"id":91,"name":92,"slug":93},45,"New Construction","new-construction",{"id":95,"name":96,"slug":97},52,"Luxury \u002F Vacation","luxury--vacation",{"id":29,"name":30,"slug":31},{"id":100,"name":101,"slug":102},80,"Time-sensitive","time-sensitive",{"id":104,"name":105,"slug":106},81,"Outdated","outdated",{"id":108,"name":109,"slug":110},147,"Internal","internal",{"id":112,"name":113,"slug":114},148,"Do Not Autopost","do-not-autopost",{"id":116,"name":117,"slug":118},320,"Inventory","inventory",{"id":120,"name":121,"slug":122},321,"Agent Value","agent-value",{"id":124,"name":125,"slug":126},322,"Affordability","affordability",{"id":128,"name":129,"slug":130},323,"Buying Tips","buying-tips",{"id":132,"name":133,"slug":134},324,"Downsize","downsize",{"id":136,"name":137,"slug":138},325,"Economy","economy",{"id":140,"name":141,"slug":142},326,"Equity","equity",{"id":144,"name":145,"slug":146},327,"Forecasts","forecasts",{"id":148,"name":149,"slug":150},328,"Selling Tips","selling-tips",{"id":152,"name":153,"slug":154},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":156,"name":157,"slug":158},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]