How Today's Low Rates Will Impact Real Estate Tomorrow

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

Today's historic low mortgage interest rates are redefining the real estate market and we will see the impact of today's rates last many years into the future.

I'm not talking about a nudge or a bump, I'm talking about a generational shift that will take more than a full housing market cycle to absorb.

In the following video, I'll show you specific examples of how homeowners have been impacted by changing mortgage interest rates, give you a glimpse of the future housing market, and then provide two key tips on how to prepare for these changes today.

Hear It Direct From Joe

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments (12)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Joe Manausa - very critical and intuitive information.  For sure, luxury is much more sensitive.

Feb 02, 2021 08:42 AM
Joe Manausa

Thank you for dropping by and leaving a comment Grant Schneider 

Feb 02, 2021 10:17 AM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

I imagine when they start going up, we'll become well versed in assumptions. 

Feb 02, 2021 10:08 AM
Joe Manausa

Thank you for dropping by and leaving a comment Chris Ann Cleland 

Feb 02, 2021 10:18 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Back in the early 1990s, we were doing non-qualifying assumptions on old FHA loans ... those were definitely the "good 'ol" days Chris Ann Cleland 

Feb 02, 2021 11:24 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Unfortunately our interest rates seem to be starting to creep up right now but far below what it was a year ago Joe Manausa 

Feb 02, 2021 04:06 PM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Paul S. Henderson, REALTOR®, CRS Thanks for dropping by!

 

Feb 02, 2021 05:25 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I agree with you regarding low interest mortgage rates.  I was first licensed in November 1981.  Interest rates then were 18%.  We could have only dreamed of today's rates as a fantasy.  I suspect it won't be long that they begin to creep up once again.  

Feb 03, 2021 05:13 PM
Joe Manausa

Myrl Jeffcoat That's what I'm saying too, what an amazing opportunity.

Feb 04, 2021 06:55 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

CONGRATULATIONS Joe, on having this blog FEATURED in the Old Farts Club group!  

Feb 03, 2021 05:13 PM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Myrl Jeffcoat Thanks for the feature! 

Feb 04, 2021 06:54 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Grant Schneider Thank you for reading and for the feedback!

Feb 04, 2021 06:56 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

I just hope this fantasy last's a while longer Myrl Jeffcoat 

Feb 04, 2021 09:33 AM
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good  morning Joe Manausa 

Thank  for  Sharing  your  information  with  us  about  how  today's  Low  Rates  Will  Impact  real  estate  Tomorrow.  

Mar 02, 2021 06:33 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for stopping by and leaving a comment Anthony Acosta - ALLATLANTACONDOS.COM 

Mar 04, 2021 04:13 AM

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