Cynthia Giovacchino on Real Estate, Resilience, and the Surprising Lessons of Property Ownership
Originally published in ABC Money . For many families, buying a home represents both security and possibility. It’s usually the biggest financial investment they’ll ever make, and with it comes dreams of equity growth, retirement stability, and passing down generational wealth. But as anyone who has owned property can tell you, the reality is rarely straightforward. Cynthia Giovacchino , a financial professional with over 25 years of experience and the founder of Gio Financial, has walked with clients through an array of homeownership challenges, and she’s seen the unexpected lessons that owning real estate can bring. The First Lesson Is Resilience A home that once felt like a guaranteed asset can quickly become a source of stress when conditions change. Rising mortgage rates, increased inventory, or sudden dips in buyer demand can leave sellers with fewer options than they expected. Some lower their asking prices; others rent their properties until the market improves. In both c...