Americans are paying a lot more today for goods and services than just a few years ago. That’s due to inflation, a factor that can impact prices across the board – including real estate prices and mortgages.
Even though home prices are higher, purchasing a residence can be a smart move that outpaces the inflation rate. Take the time to better understand how inflation works, why homebuying may be a good inflation-proof strategy, and where inflation is headed by reading my current piece for Bankrate, available here.