What happens if interest rates rise? If interest rates rise, many home buyers are going to be priced out of the market.

Mike Krein recently taught a course at REOMAC. This is part three of what he covered. Learn where this correction will hit and the anticipated severity in each area. Don’t miss this next wave. Position yourself to take advantage of these opportunities.

What happens if interest rates rise? If interest rates rise, many home buyers are going to be priced out of the market. AFFORDABILITY is the key. The most limited supply is “starter” homes. Investors are competing for them. This is not profitable for new construction. The issue is, there are no starter homes now – no opportunity to build equity. This means no “trade up” home later!
Baby Boomers retiring and downsizing – will be trying to sell “trade up” homes but who will buy them? (no demand = falling prices…)

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Do you have additional questions on this topic or want us to start a new discussion for FREE Broker School? Join the #freebrokerschool conversation – Leave your comments right here on our blog and continue the conversation. We want you to have any real estate tools you need at your disposal.

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Free Broker School and RIO Genesis are part of RIO Genesis Software Solutions, the industry’s premier Real Estate Brokerage Software.

FreeBrokerSchool.com is a resource to give brokers the advantage in running their offices. Hey – they know how to sell properties well, but they don’t always know all of the ins and outs of running a successful real estate brokerage. These videos are designed to give you the inside scoop from industry leader and success tornado, Mike Krein. You can’t take notes fast enough when he starts giving tips. These videos allow you to watch one nugget topic at a time, digest it and implement it to add to your success.

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Mike Krein

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