『Interest Rates Matter』のカバーアート

Interest Rates Matter

Interest Rates Matter

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概要

 Well, good afternoon, everybody. This is Chris Berger, and it’s time for a Berger Point.You know, people ask me all the time, are we going to see a market crash of housing?So let’s sort of figure out where we are right now… and again, nobody can predict this.We can sort of anticipate what can be looked at over the next year, two years.So what’s so important right now is the mortgage rates.Now the mortgage rates are around seven and a quarter, seven and a half.And should they be raised again to 8%?Then I definitely think you’re going to see a general slowdown across the United States in real estate sales.Now, are there exceptions?Sure, but what will follow after that is that if that indeed does happen where the mortgage rates get close to 8%, I think you’ll see the economy go into a mild recession, a mini recession.Some people say we’re in a recession right now and if that occurs, say in the spring of 2024,then I think the next six to eight months, price.And then sometime the following spring in the year 2024, I think the housing marketWe’ll start to pick up again.Interest rates will come down.That’s key.And we’ll be off to the races once again, but that’s my opinion.And some of the things that I read reinforce that. Again, just watch the market and see where we go.Look for the next key. Look for the interest rates to go up.***I’m enjoying a very rare hat that my daughter gave me and might give you a clue as to…1952 was a very good year!So, I wear this hat with pride and actually I get a lot of compliments on it.And I always say it was a very good year.Enjoy. Be well.

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Real Estate Agent -- CHRIS BERGER -- Shares his 40+ Years of Experience in Real Estate, Home Renovation & Property Management. Licensed in NY & FL and soon to be CT.

In each episode, Chris makes an expert point in 3 minutes or less.

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