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Surveys Say Little Impact from Rising Interest Rates


Yes, the housing market is slowing a bit as interest rates increase and home prices continue to rise, but recent surveys show they will not have a major impact on prospective home buyers, even if mortgage rates hit 5%.

A Redfin survey indicates that only 6% of buyers would stop looking for homes while 20% said they would purchase homes “with more urgency” before the rates begin to climb.

Even home builders seemed confident that a rise in rates wouldn’t have a major impact on their businesses. Fully 56% of them say they would likely experience a 1%–10% decline in sales volumes which wouldn’t cause them to drop prices.

For the full article, click HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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