Home values have been rapidly appreciating. And while appreciation is expected to continue, recent data suggests that the pace of appreciation may begin to slow. This is actually healthy for the markets, although you can count on the media to turn this into fear mongering.
Let’s remember that positive appreciation means home values will continue to rise. A slower rate of appreciation does not mean that home prices will drop. It simply means that they will rise at a more modest pace. This can be a good thing for affordability and a very good thing for homeowners who should continue to see equity growing in their home.
If you’re thinking of purchasing a home, don’t let the media scare you out of a wonderful opportunity to build wealth through real estate. Reach out to me today and let’s get started.