Could interest rates start causing Doom and Gloom?

    One of the things that is always talked about is real estate.  That seems to be a topic more popular than the stock market because there are not as many people that “do” the stock market as own homes.

    Interest rates going up up and awayMakes Sense – So, we have a lot of talk about the interest rates that have risen a point of 1% since January of 2013.

    Are they going to continue to rise or are they going to be stable for a while so our real estate market can continue the road to recovery?

    Any body’s guess is probably good – but I have a feeling they cannot get too far out of control or we are going to experience another shift back to a Buyers Market.

    When that happens homes will be sitting on the market for much longer time frames and the buyers in the world are going to be able to undercut seller’s prices.

    The sellers will then realize what is going on and will take less than their list price in a fast way.  This will occur because sellers know there is competition and the first to lower or be more malleable to the buyers offering is going to sell faster.

    There,you have it – please let us know when you are ready to move and enjoy our latest YouTube Video.

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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