It seems like a tale of the past, but the U.S. saw record low mortgage rates in 2020 and 2021; concurrently, real estate investment soared. But the tried-and-true adage that real estate investment is a long-term proposition has never been more true today as mortgage interest rates steadily climb. As real estate prices come down and a recession looms, the question of whether now is a good time to invest in real estate takes center stage
Savvy investors understand that real estate has been a consistent hedge against inflation. The low interest rates of a year ago made property affordable at first, but the real estate market adjusted by increasing home values. And now, as interest rates go north of 7%, many buyers are finding themselves priced out of the market.
That situation presents an opportunity for rental property investors who can increase rental rates as home inventory dwindles and buyers, priced out of the market, seek temporary housing until interest rates decline. This model can lead to consistent passive income for investors.
A Recession May Just Prove To Be A Great Opportunity For Real Estate Investment
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https://www.yahoo.com/video/recession-may-just-prove-great-113822588.html
PHOTO: https://unsplash.com/@tlholly
I should know. I’ve been doing this 38 years, and run Tennessee’s #1 For-Sale-By-Owner Flat-Fee MLS listing website at mlsDon.com. I’ve written several books on it, too. Call, text or email me lets talk. I can show you how easy it is to save thousands of dollars! Check out mlsDon.com
Don Martin, Martin Properties 615-973-8970 martindo@realtracs.com
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