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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
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How Rising Rates Are Impacting Affordability

 
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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?


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.

Rising interest rates have a direct impact on buyers and sellers in today’s market.

Decreased buying power affects sellers, too. If sellers hope to entice today’s buyers, they must set lower prices than in the past.

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.

  continue reading

8 قسمت

Artwork
iconاشتراک گذاری
 
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?


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.

Rising interest rates have a direct impact on buyers and sellers in today’s market.

Decreased buying power affects sellers, too. If sellers hope to entice today’s buyers, they must set lower prices than in the past.

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.

  continue reading

8 قسمت

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