Is This Summer The Ideal Time To Sell Your Charleston Home?
This is an opinion article about Charleston real estate and the value of your Charleston home.
If you’ve been following the news, you would have heard that the Federal Reserve is likely to raise interest rates when they meet on June 15th. It’s been all over the news in these past few weeks. Here are a few of these articles: NY Times Reuters Forbes.
This may make it more expensive for people to own a home by raising their mortgage payments. A 1% rate hike decreases buying power by more than 10%, and also reduces the potential pool of buyers for your home, therefore decreasing demand and potentially lowering the market pric...Read Full Post →