What impact if any will the Fed raising interest rates have on home sales?

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Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA (Winston Realty, Inc.)

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John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

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For those who really want / have to move it won't matter for those fence sitters they will continue to sit.

Sep 16, 2015 11:43 PM

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Joan Cox

Denver, CO
Michael Thacker - Re/M...

Louisville, KY
John McCormack, CRS

Albuquerque, NM

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The Woodland Team of Texas

The Woodland Companies - Austin, TX

Land Specialists

Very little.

Feb 11, 2019 09:33 PM

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Bob Crane

Stevens Point, WI

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

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absolutely None

Aug 22, 2018 10:01 PM

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Bob Crane

Stevens Point, WI

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Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

They remained the same, but thinking had the rates hiked 1%, it really would have made a difference for a bit. Then buyers would remember the rates are STILL low.

Sep 17, 2015 05:00 AM

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John McCormack, CRS

Albuquerque, NM

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Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

In the short run, I believe it will increase sales as people will finally understand that rates are headed up.

Sep 17, 2015 03:57 AM

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Michael Thacker - Re/M...

Louisville, KY

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Gary Coles (International Referrals)

Venture Realty International - Las Vegas, NV

Latin America Real Estate

Very little impact on home sales

Sep 17, 2015 03:13 AM

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Michael Thacker - Re/M...

Louisville, KY

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Anna Banana Kruchten Phoenix Broker

HomeSmart Real Estate - Phoenix, AZ

602-380-4886

Not much. We've been down this road many times before and people still buy homes - the world of real estate doesn't stop because of interest rates. That said should we ever get so high of interest as back in the 80's that is a different story.

Sep 17, 2015 02:45 AM

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Michael Thacker - Re/M...

Louisville, KY

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Stefan Winter

Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV

Owner - Winter Group & Real Estate Web Tech

I don't think much of an impact at all, it has been hire and peope still bought and sold homes.

Sep 17, 2015 02:02 AM

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Michael Thacker - Re/M...

Louisville, KY

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Sam Shueh

(408) 425-1601 - San Jose, CA

mba, cdpe, reopro, pe

I am all for the niormalization of interest rate. With rampant home value, food etc. I am surprised it does not translate to inflation....

Sep 17, 2015 01:17 AM

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Michael Thacker - Re/M...

Louisville, KY

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Roy Kelley

Retired - Gaithersburg, MD

Even with an increase the mortgage interest rates will still be very low and a bargain for prospective mortgage borrowers.

Sep 17, 2015 12:14 AM

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Michael Thacker - Re/M...

Louisville, KY

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William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

a small increase will make little difference

Sep 16, 2015 11:45 PM

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Michael Thacker - Re/M...

Louisville, KY

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Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

Historically, when interest rates increase, buyer become more motivated.

Sales volume will increase with a parallel increase in value.

The increase in the rate will be perceived as a positive indication of the strength of the economy therefore greater job security.

Sep 16, 2015 11:39 PM

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Michael Thacker - Re/M...

Louisville, KY

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Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

I don't expect it to have a great impact....

Sep 16, 2015 11:33 PM

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Michael Thacker - Re/M...

Louisville, KY

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Troy Erickson AZ Realtor (602) 295-6807

HomeSmart - Chandler, AZ

Your Chandler, Ahwatukee, and East Valley Realtor

Winston - It will depend on how high the Fed decided to raise interest rates, and if we start seeing a trend. If it is a minor increase once a year, I don't think I will have much of an impact until it goes over 6.0 percent.

Sep 17, 2015 04:54 PM

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Winston Heverly

Winston Realty, Inc. - Atlantis, FL

GRI, ABR, SFR, CDPE, CIAS, PA

With the fact the FEDs have not raised rates has done more damage than to raise them, it systematically setting up a worse buble than in "08". Just one man's opinion.

Sep 17, 2015 12:10 PM

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Chris and Dick Dovorany

Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL

Broker/Associate at Premiere Plus Realty

Not raising them. If they did I don't see an impact other than quite possibly low income or first time buyers.

Sep 17, 2015 08:24 AM

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Richie Alan Naggar

people first...then business Ran Right Realty - Riverside, CA

agent & author

Those that can buy will continue. These rates are too good to pass on. However, people need jobs and income. That is the core of it all

Sep 17, 2015 07:08 AM

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Noah Seidenberg

Coldwell Banker - Evanston, IL

Chicagoland and Suburbs (800) 858-7917

It would take away buying power from home buyers. I am glad they are holding off Winston.

Sep 17, 2015 06:27 AM

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John Ferrier

Mortgage Network Solutions, LLC - West Chester, PA

20+ yrs as a consultative mortgage professional

Historically, a Fed increase has led to better pricing as it eliminates the 'threat of inflation' which is a bond holders biggest fear.

Sep 17, 2015 02:23 AM

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For those who really want / have to move it won't matter for those fence sitters they will continue to sit.
They remained the same, but thinking had the rates hiked 1%, it really would have made a difference for a bit. Then buyers would remember the rates are STILL low.
In the short run, I believe it will increase sales as people will finally understand that rates are headed up.
Not much. We've been down this road many times before and people still buy homes - the world of real estate doesn't stop because of interest rates. That said should we ever get so high of interest as back in the 80's that is a different story.
I don't think much of an impact at all, it has been hire and peope still bought and sold homes.
I am all for the niormalization of interest rate. With rampant home value, food etc. I am surprised it does not translate to inflation....
Even with an increase the mortgage interest rates will still be very low and a bargain for prospective mortgage borrowers.
Historically, when interest rates increase, buyer become more motivated.

Sales volume will increase with a parallel increase in value.

The increase in the rate will be perceived as a positive indication of the strength of the economy therefore greater job security.
Winston - It will depend on how high the Fed decided to raise interest rates, and if we start seeing a trend. If it is a minor increase once a year, I don't think I will have much of an impact until it goes over 6.0 percent.
With the fact the FEDs have not raised rates has done more damage than to raise them, it systematically setting up a worse buble than in "08". Just one man's opinion.
Not raising them. If they did I don't see an impact other than quite possibly low income or first time buyers.
Those that can buy will continue. These rates are too good to pass on. However, people need jobs and income. That is the core of it all
It would take away buying power from home buyers. I am glad they are holding off Winston.
Historically, a Fed increase has led to better pricing as it eliminates the 'threat of inflation' which is a bond holders biggest fear.