What if I told you that the Fed raising the interest rates could actually be a really good thing for the housing market. Sure, everyone freaks out a bit when rates go up, but it might actually be more of a benefit. First, those buyers who have been sitting on the fence will be more inclined to get off it. That means, sellers will still be receiving multiple offers…. IF and I mean IF the home is priced right. That’s good. Also, it gives the banks more opportunity to loosen up money because let’s face it, they aren’t making money off our deposits.
If you have questions about buying a home, selling a home or investing in real estate, give me a call at 619-818-2992.