Real Estate vs Stock MarketHave you been following the stock market recently? If you have, you can probably understand why more American’s voted Real Estate as the best long term investment than ever before in the 9 previous years that it has won that title. According to Gallup, Real Estate has been gaining more and more popularity each year since 2011. 45% of people vote Real Estate as the best long tern investment, with the runner up being Stocks at 24%.
How can owning Real Estate be beneficial to you during record high inflation? Prices of everything are on the rise and that includes rent. When you own a home, you lock in a 30 year fixed mortgage rate, so even as renters are facing increases year after year, you are not! Further, as inflation increases, so does the value of your home, meaning not only are you locking in a consistent monthly payment, but you are also gaining equity with each passing month.
If you are thinking about selling your home anywhere along the coast of North Carolina including Wilmington, Hampstead, Topsail Island, Sneads Ferry, Jacksonville, Richlands, Swansboro and all surrounding areas, let this encourage you. Castro Real Estate Team can help you decide if now is the perfect time for you to sell. And, we can help you sell it for more.