Grant cardo wares that Americans are stuck in homes where they could not sell

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Property investors have navigated several hoods in the last two years. There are high interest rates Reduced transactionsand requires the same rates to put homeowners home. Features and Property investor creates fewer opportunities for people who want to sell Cardon recently sounded excitement.

Only high interest rates are not to be less accessible to real estate, but at the same time each debt is more expensive. The federal reserves result in higher interest payments on high rates, credit cards, auto loans, individual loans, credit lines and other financial products.

“It’s a national crisis,” said Kardone, while noting high interest rates.

Why not look good on the real estate market and what it means to investors.

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Cardboard is a deterrent from the mortgage rates in 8% and people from buying houses. High interest rates are more expensive than monthly mortgage payments. Although high prices can be rooted in red-hot inflation, the inflation rate lasts a few months.

Higher interest rates were made in 2022 more, but now they do not mean much. Fed We look forward to cutting two ratios This year will reduce the total rate of 0.50%.

Reducing prices may require mortgage loans and eventually increase housing prices. Many investors will carefully watch the Fed’s decision on average interest rates. The interruption of any ratio can create an attractive purchase capabilities.

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Operations fuel in the real estate industry. Real estate agents have to close property deals to purchase the commission, the loans need transactions to receive interest payments and investors have to conduct transactions to expand their work.

When the deals are stopped, the whole industry suffers and people are looking for new opportunities. Cardon believes that in the last two years, people have been the most difficult for people with high interest rates and people with low demand.