Trying to time the market can work about as well as using tea leaves to predict the future. This piece by Keeping Current Matters, shared with me by a friend in the industry, covers a few of the home-buying realities created by rising interest rates. It’s been made clear that rates will continue to rise within the U.S. However, the cost to rent will continue to rise as well. Keep in mind that interest rates should be a factor, but not the only factor, in the decision to buy or sell real estate.
Set up a free consultation to see how rates may impact buying or selling your own slice of Idaho.
Calculate Your Rental Property Returns
Thinking about buying or exchanging an investment property? I built an easy, fill-in-the-blank spreadsheet that helps assess cash flow and return rates on a rental property—for either short-term or long-term options. It's always wise to review the numbers and do a...