David DeDominicis
Sales Representative
Sales Representative
Buying or selling a home is a big decision - you need an experienced professional to guide you through the process. When you work with me, you can count on personal, attentive, patient service, excellent knowledge of the area, great negotiation skills and expert selling strategies.
519.753.7311
Featured Properties
100 EASTON ROAD
Brantford
ON
$179,900.00
11 MACBRIDE CT.
Brantford
ON
$399,900.00
7 PACE AVE
Brantford
ON
$539,900.00
Home Values Continue to beat the inflation Rate
"Today's dollar" loses purchasing power because of inflation. Over the past century, the inflation rate has averaged about 3.5% anually. So, investments delivering a 1% to 3% return earned no future purchasing power. Instead, wealth was actually lost because inflation outpaced the return.
On the other hand, past trends show that real estate has appreciated at an average rate of between 4% and 6% a year - beating the inflation rate.
Plus real estate has an almost built-in advantage - leverage. For example, with a $40,000 down payment on $200,000 home, if the home appreciates at 4% in one year, there's a gain of $8,000. BUT
wait that's a 20% return on the $40,000 down payment.
On the other hand, past trends show that real estate has appreciated at an average rate of between 4% and 6% a year - beating the inflation rate.
Plus real estate has an almost built-in advantage - leverage. For example, with a $40,000 down payment on $200,000 home, if the home appreciates at 4% in one year, there's a gain of $8,000. BUT
wait that's a 20% return on the $40,000 down payment.
