market being non-existent, the impact
Current Home Buying asiadome.com Demographics
One of
the most crucial aspects of selling real estate is having someone that
eventually wants to buy it, but when there
asiatrendy.com is a diminishing number of people
able to buy that real estate, it can cause the market to grind to a halt. show that not only are millennials experiencing some of
the most potent wage stagnation in history, with placing wage growth at just 0.3% for the ten-year span
ending in 2017. With median wage growth in one of the demographics most vital
to the survival of the residential real estate
bestbuynews.net market being non-existent, the
impact on the housing market can be unpredictable.
Interest Rates
Interest
rates, which are set by the Fed, are one of the largest quantifiable factors
involved in driving the movement of the real estate market. The most
basic can show potential
homebuyers the incredible differences between even a single percentage point
over the life of the entire loan. Even small changes in interest from one loan
to another can make it completely unusable or inapplicable to the borrower.
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