Q & A Saturday – How Will the Brexit effect US Real Estate?

Welcome to our Q & A Saturday video.

In these Q & A Videos we will answer your questions about real estate.  Any real estate related topic from questions about  selling your house, buying a house, real estate investor questions, land lording questions, local market questions and many others things are all fair game. 

Today’s question is “How Will the Brexit effect US Real Estate?

In this video Shaun talks about some of the recent and long term effects of the “Brexit” in the USA.

 

Some of the main points covered in this video are:

1)      What is the “Brexit”?

2)      What were the short term effects?

3)      How does it affect US Real Estate?

4)      What might be the long term issues?

 

The Brexit was the recent vote by the citizens of the United Kingdom to leave the European Union.  The immediate aftermath of the vote spooked people and there was a sharp decline in the equity markets worldwide, for a couple of days.  People quickly stopped freaking out and they returned to where they had been quickly and are actually higher than before the vote already.

In terms of real estate in the USA mortgage rates did dip after the vote and those have stayed a bit lower than they had been.  This could persist for a while and keep money cheap.  If nothing else it will be another excuse for the FED to keep interest rates low rather than raise them as the assured everyone was the plan starting back around this time last year.  The other possible real estate related consequence is there is a theory that foreign money might not flow into London real estate the way it has been and some of that could flow into various US markets.  It is to early to say for sure on that one but it is a very plausible theory.

 

 

Do you need to sell a house in Massachusetts or New Hampshire and had been hoping to get British Pounds for it?  If you would like to sell your home  fast and hassle free  schedule a consultation  with us today.

 

Hope you enjoyed the video and leave any other questions you have about the topic below or any other topics you would like to see covered in future videos.  I encourage anyone that has things they would like to talk about to let me know what they are.  You can always fill out a contact us form here and put Q & A in the subject, just leave a comment with your questions below here, send an email to info@masshomesale.com, or post it on our Facebook page or Twitter account.

 

Some useful resources:

          If you want to sell a house in Massachusetts or in New Hampshire we can help.

 

  

 

 

(Image credit: Hand Holding Brexit Sign via Times Higher Education)

 

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