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Showing posts from March, 2021

Talking Real Estate, Lets talk about selling a 2nd home March 2021

  MARCH 2021 Whether you own a home or are looking to buy or sell one, here are some useful tips, ideas and advice. When you're ready to make your move, give me a call or drop me a line. DAVID BURKE REALTOR® | Lic# DRE #01426860 (760) 250-2570 |  https://davidburke. bhhscaproperties.com 73-700 El Paseo Palm Desert, CA 92260 FINANCIAL ADVICE Home Ownership Hedges Against Inflation Great financial reasons to own real estate, advises  Biggerpockets.com , are building equity, tax advantages that don't exist for other asset classes, not having to pay rent, passive income from rental properties, among many others. One of the greatest advantages is that buying a home is a terrific hedge against inflation. Since 1913, the annual inflation rate in the U.S. has averaged 3.10%. As the cost of goods and services rises, so do the costs of buying a home. Currently, mortgage interest rates, or the borrowing costs to buy a home, are at record lows. If you were to purchase a home today, you'