Brexit and its effect on US housing market
We've been asked recently about the effect Brexit will have on the US housing market. Initial reactions say the stock market responded negatively. This puts pressure on the Fed who might, in turn, keep interest rates low. There might even be a temporary, slight drop in rates as the market adjusts.
The reality is, we won't see much change at all until things settle over in Europe. If other countries in the UK follow suit, this could all change, and quickly. The reality is, now is still a great time to buy or sell a home.
If you're ready to buy or sell, contact The Sandi Pressley Team today!
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Sandi's Hot Home Listing
1104 Indiana St SE, Albuquerque
Price: $145,000 Beds:3 Baths: 2 Square Feet: 1,236
STYLISH REMODEL! 3BDR/2BATH, so many updates! New windows, new evap cooler, new water heater, new light fixtures, new tile flooring, newly painted, updated baths! Remodeled kitchen includes new cabinets, new tile flooring, new granite countertops, new backsplash, new SS sink, spacious and still room to add a table, island or baker’s rack
