Posted Mar 2, 2013 by Martin Armstrong
Question: “What is your opinion on interest rates impact on real estate? Once interest rates rise will real estate crash?”
ANSWER: No! Once rates start to turn, then you will see a faster rise in real estate. This normally takes place because people see rates rise and anticipate they will continue. Likewise, as long as rates decline, people hold back expecting more of the same. They always chase the trend.