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As most realize, we are experiencing a period of, unprecedented, inflation. We see it, in, nearly, every aspect of our lives, from the cost, of fuel, at the gas tank, and heating our houses, to food expenses, etc. The current rate – of – inflation, is the highest, we have experienced, in many decades! One of the segments, where pricing has grown, most quickly, is the cost of buying a home. Obviously, many factors, influence this, including: post – pandemic – blues; limited/ lack of inventory, available – for – sale (basic economic premise of Supply and Demand); historically – low, interest rates, making low mortgages, available (and, thus, getting, more, bang – for – the – buck, by creating low monthly costs, etc. With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, potential, short, intermediate, and longer – term ramifications, of these, rising, home prices.

 

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