Homes like this one for sale in Ephrata and elsewhere around the Basin are listed for higher than they were prior to the pandemic. While interest rates are climbing, this and similar homes can still be a good investment because they will gain equity over the life of a loan which can be used by the owner as they see fit.
June 22, 2022
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Buying still the best option
Despite market challenges, area agents still suggest purchasing over renting
COLUMBIA BASIN - Jennifer Kron a broker with Moses Lake Realty Group said it still makes more sense to purchase rather than rent, despite the increase in mortgage rates, a housing shortage and rising home prices throughout the Columbia Basin. “It’s our job to educate the community and educate the buyers and remind them that it is still the best investment of your life to purchase real estate,” said Kron...