A lot of folks are concerned about inflation right now, with many people fearing that the everyday cost of living will soon be rising across the board. Whether our daily expenses end up increasing dramatically or not, it's good to keep in mind that owning real estate does offer a hedge against inflation. 

How is this so? 

When you buy a home with a fixed rate mortgage, you know exactly what your monthly housing payment will be for the duration of your loan. But when you sign a lease, it's very possible your monthly payment will rise each time you renew. Unfortunately for many, the cost of renting is increasing dramatically each year.  

Here are four other good financial reasons to own a home.

#1) You'll reduce the principal of your loan and grow your equity in your home with each monthly payment. 

#2) Your equity will compound as your home's value appreciates.

#3) Most likely, the mortgage interest you pay will be tax deductible  (consult with your accountant).

#4) You'll be able to refinance your mortgage and lower your payment once interest rates fall. 

It's not easy to buy a home in 2025. 

But once you do find the right home that works with your lifestyle and budget, you can feel confident that you're making a sound investment. Consulting with a reputable buyer agent is always a great way to begin, and we are here to help you.