Lane County Market Predictions for 2016

Selling your Lane County Home? Get a free home value report Buying a Lane County Home? Search all homes for sale Today I'd like to talk about what we can expect from our market in 2016 , and I think we should begin by talking about interest rates. They've already risen by .25%, and are expected to keep climbing slowly. However, this doesn't mean that your affordability is going to disappear overnight. Expect competitive rates to sit at 4.25% or 4.5%. When interest rates go up, buying power goes down, and that has an indirect result on our market. When buying power falls, the pool of buyers for a seller also shrinks, so any decreases in affordability hurt almost everyone. This will also indirectly affect home values and bring them down slightly. This means that if you're looking to buy or sell in 2016, it's best to do it sooner than later. If you need help getting the process jump started, please don't hesitate to contact me!

You can listen to Lane County Market Predictions for 2016 online on Radio and Podcast. Open the player on this page to stream the available audio.

Lane County Market Predictions for 2016 is an episode from Lane County Real Estate Podcast with Tyler Head by Tyler Head.

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This episode was published on Jan 4, 2016.

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