What Fed Rate Hike ACTUALLY MEANS for Home Buyers and Sellers

If you haven’t yet, you’ll very soon be hearing about this famed Federal Reserve interest rate hike.

And like most people, it might sound like “industry jargon” to you which tunes you out completely! I get it. You actually have no idea how much I get it.

But it’s important. And because it’s important we dropped what we were doing to produce this video AND focused our entire “St. George Real Estate Morning Drive” radio show on the topic this morning on 890 KDXU.

Check out my detailed video here: 



Here’s what you need to know:

1.     The sky isn’t falling. Not at all. More below.

2.     The rate increase is the first of its’ kind in 9 years. NINE YEARS!

3.     It’s actually a sign of a HEALTHY economy! The Fed will only raise rates when the economy is stable enough to do so.

4.     Housing is STILL SO AFFORDABLE it’s almost nuts! Like the fact that you can actually afford 200% more home today as you could 30 years ago.

5.     It’s going to become MORE DIFFICULT to both buy and sell real estate, over time, due to rising rates. What does that mean for YOU?

6.     If you’re considering buying or selling in the next 12 months, you’re going to want to do that NOW. Housing will become more expensive, hurting BUYERS. The increased cost of housing will hurt SELLERS.

That’s it! Check out the video, share with friends, and give us a call at 435-215-4533 or shoot us an email: sales@gostgeorge.com