June 2025 hard to believe in a few weeks 2025 will be half over!
Is it me, or are you also wondering how we’ve gotten to the 6th month of 2025 already? Ready or not, in just over 3 weeks 2025 will be half over.
Depending on what day you see the headlines or real estate postings, no doubt you continue to see news about inventory shortages, lack of sales, increase of inventory, and interest rates going up and down. What is my take? The same as always, buying a house, a condominium or even vacant land you cannot go wrong no matter what the market is like.
Great Opportunity to build on a view lot!
For example, my father bought his Connecticut home in the early 1970’s as home prices and interest rates were increasing in double digits. He paid top dollar for his home. Twenty years later, he sold his house at the bottom of the market and still tripled his purchase price and was able to pay cash for his next home. Fast forward to the more recent past 10 to 11 years when we bought our house, just as home prices and interest rates started to rise. Here we are in 2025 with our home’s value having nearly doubled while we have been living comfortably knowing our house is almost free and clear.
Pending is one step from SOLD
Perhaps it’s time to downsize or upsize or sell and relocate out of the area. As needs change, any of these options could be right for you. Depending on the situation, money from a sale can be invested into the next home with an option of investing in other areas, such as stocks.
Love animals
My message always remains the same, no matter what the market or the interest rates, real estate in the long term is a safe investment with one of the best perks being you do not have to worry about a landlord increasing your rent. Will inflation keep up and will you be able to afford to rent in areas you like? All these concerns and more fall to the wayside when you buy your home.
Reach out to me, and let’s discuss your situation. Do not be confused with the daily headlines, instead talk to a seasoned Realtor that you can trust to give you straight advice. Until then, enjoy this month’s newsletter.
Notable Dates in June: Pride Month; Father’s Day (June 15); Juneteenth (June 19); First Day of Summer/Summer Solstice (June 20)
For Sale Sign
If you are looking for a pet friendly Beverly Hills Realtor who can handle the most challenging properties that no one else could, please reach out to me directly. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties or vacant land in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu reach out to me at 310.486.1002 (m) or homes@endrebarath.com or visit my website at https://www.endrebarath.com.
So true Endre
Real estate is always a good investment especially long-term