Jody Bruns, CDLP, Niche Marketing Expert in Real Estate & Mortgage (Jody Bruns, LLC)

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Rainmaker
5,592,162
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Jody,

Stocks are back up.  The media takes every opportunity to sensationalize every thing possible.  A

Jun 30, 2016 01:12 AM
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Petroleum prices might rise and that would be a good thing for the stock market, which in turn would positively affect the mortgage market. Still, I do not think the changes will be too profound and to commit to a thirty year mortgage based on bumps in the road is not prudent.

Jun 29, 2016 11:07 PM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I'm with Alexandra - the media hyped it and the people spoke with a spike in the stock market. I'm so over the media!  

Jul 04, 2017 08:31 PM
Rainer
23,957
Steve Snyder
Private-Money-Loan.com - Los Angeles, CA
310-948-8585 |100% LTV | Stated | Private Money

I wrote a post about it ... this is exactly what I think about it.

Brexit and the U.S. Real Estate Market

Jul 07, 2016 03:56 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Jody Bruns, CDLP people talk about it for a while - and forget it, isn't it?

Jul 04, 2016 03:45 PM
Rainer
222,865
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I agree with your thoughts Jody Bruns, CDLP , as rates have dropped. It also changed the Fed's outlook for future rate hikes. As is usually the case, the markets drop and a fight to quality happened when the fear of the unknown happens. However, after a couple of days, there is a correction in the works.

Other than mortgage rates, I don't see any effects. IMO people that cancel or stop a home purchase because of BREXIT, shouldn't have been buying in the first place, and they will find another excuse when this dies down.

Jul 01, 2016 12:03 AM
Rainmaker
1,157,485
FN LN
Toronto, ON

There may be significant effects on both real estate and / or mortgage markets in some parts of the world.

Jun 30, 2016 10:40 PM
Rainmaker
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

It's working! Rates dropping ;)

Can't wait until we have a similar exit in the U.S.

Jun 30, 2016 09:34 PM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

 

Corinne Guest, Managing Broker nailed this one! - and - yes - I'm a Brit too...

Jun 30, 2016 09:09 PM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't think it will impact anything long term... except maybe starting the collapse of the EU.

Jun 30, 2016 01:42 PM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Jody Bruns, CDLP The media is on to bigger fish to fry with what happened in Turkey. The stock market is up and everything is back to normal.

Jun 30, 2016 03:24 AM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

It's outside my area of expertise and control.  I read.  I watch.  I don't predict. 

Jun 30, 2016 02:56 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Probably none, especially if people stop worrying about it.

The ripple should calm down soon and those who panicked will lose, and those who did not will be seeing a profit.

Jun 30, 2016 02:48 AM
Rainmaker
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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

Yes, they are saying loan rates will drop and we are seeing this.  Not sure about other effects for now.

Jun 30, 2016 02:22 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I have not concerns ... little impact if any on the real estate market. 

Jun 30, 2016 02:17 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the dust will settle and we'll be on to the next bump in the road....

Jun 30, 2016 01:57 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     My concern is how the accursed Global Elites are reacting to the world-wide Populist revolt.

      One CFR member literally calls for the Elites to "Rise up against the ignorant masses"

Jun 30, 2016 01:44 AM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Park and reading otheres comments on this one Jody!

Jun 30, 2016 01:22 AM
Rainmaker
104,511
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

There hasn't been much of any drop in mortgage rates since Brexit--at all...FHA is quite low now, but it's been grinding lower for months. Convetional rates in a tight range for quite a while now...

Jun 30, 2016 12:01 AM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I am not buying what the media is selling...Also, it doesn't go into affect for another two years and lastly, not only did the country start out independent but most likely will go back to it as will others. Small adjustment will take place and then, when the water is settled, it will seek its own levels

Jun 29, 2016 11:21 PM
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I am not worried about it at all. I am sure things will happen in the short run.

Jun 29, 2016 11:18 PM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

My thoughts. Lots of UK and EU citizens will be looking for a secure place to put their wealth. USA real estate, in all it's dimensions, has a proven track record.

If you are working with buyers, they should be advised more competition is on the horizon. 

Jun 29, 2016 11:07 PM