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محتوای ارائه شده توسط Mike Quail. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Mike Quail یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Player FM - برنامه پادکست
با برنامه Player FM !
با برنامه Player FM !
How Rising Rates Are Impacting Affordability
Manage episode 201577286 series 1410800
محتوای ارائه شده توسط Mike Quail. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Mike Quail یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
How are rising interest rates impacting people in our current market?
Selling a home? Click here for a FREE Home Price Evaluation
As you may already know, we’ve recently seen a rise in interest rates. Last year, interest rates were around 3.4%. Now, they are up to 4.4%.
This rise has a direct impact on buyers and sellers in today’s market. The amount sellers can ask for a property and the amount of buying power people have during their home search are two primary examples of this.
Let’s imagine a home with a purchase price of $400,000. A 1% rise in interest rates would cause buyers to lose around 10% of their buying power.
“
”
Decreased buying power affects sellers, too. If sellers hope to entice today’s buyers, they must set lower prices than in the past. Rising interest rates have a direct impact on buyers and sellers in today’s market.
”
I don’t have a crystal ball, but I can see that it’s becoming more expensive for buyers in today’s market.
In other words, now is the time to lock in rates while they’re still relatively low. If you’re a seller, now is also a great time to list, since waiting could make it harder to command top dollar.
If you have any other questions or would like more information, feel free to give me a call or send me an email.
8 قسمت
Manage episode 201577286 series 1410800
محتوای ارائه شده توسط Mike Quail. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Mike Quail یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
How are rising interest rates impacting people in our current market?
Selling a home? Click here for a FREE Home Price Evaluation
As you may already know, we’ve recently seen a rise in interest rates. Last year, interest rates were around 3.4%. Now, they are up to 4.4%.
This rise has a direct impact on buyers and sellers in today’s market. The amount sellers can ask for a property and the amount of buying power people have during their home search are two primary examples of this.
Let’s imagine a home with a purchase price of $400,000. A 1% rise in interest rates would cause buyers to lose around 10% of their buying power.
“
”
Decreased buying power affects sellers, too. If sellers hope to entice today’s buyers, they must set lower prices than in the past. Rising interest rates have a direct impact on buyers and sellers in today’s market.
”
I don’t have a crystal ball, but I can see that it’s becoming more expensive for buyers in today’s market.
In other words, now is the time to lock in rates while they’re still relatively low. If you’re a seller, now is also a great time to list, since waiting could make it harder to command top dollar.
If you have any other questions or would like more information, feel free to give me a call or send me an email.
8 قسمت
همه قسمت ها
×به Player FM خوش آمدید!
Player FM در سراسر وب را برای یافتن پادکست های با کیفیت اسکن می کند تا همین الان لذت ببرید. این بهترین برنامه ی پادکست است که در اندروید، آیفون و وب کار می کند. ثبت نام کنید تا اشتراک های شما در بین دستگاه های مختلف همگام سازی شود.