Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

3 ways the stock market can affect real estate

02/13/2018

Download PDF

On Monday, Feb. 5, Dow Jones dropped nearly 1,200 points, marking the worst plummet the stock has ever experienced in a single day. As you may expect, this caused widespread panic among investors, and people are beginning to worry about the residual, indirect effects that the drop of a major stock can have in other industries. In particular, there is much concern about the real estate market. Homeowners worry if they should sell, and buyers have a lingering fear that they may not be able to find a home to purchase. Let’s take a look at how the stock market can impact the performance of the real estate industry. Higher interest rates on loans When people look to purchase a house, they often have to take out a loan to complete the process. Although down payments on homes are often approximately 10 percent of the property’s total value, things can get pricey in the $200,000-plus range. Not many buyers have enough capital to purchase a home without external help, and sometime…

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • This week in RE: the NAR logo, Zillow’s iBuyer status and DocuSign’s IPO

    After being off the grid last week, re-entering the real estate fray was a whiplash-inducing event f...

  • Dear real estate agents: Here’s the difference between relationships and leads

    Something funny has been happening around the office, and maybe you’ve noticed it at your office a...

  • 5 old-fashioned prospecting strategies agents can bring into this century

    When new technologies emerge, there’s a tendency to discard everything that came before, even if i...

  • 4 ways to showcase your luxury listings online

    Luxury properties are hotter than ever in booming cities across the United States, and as billions o...

  • Why technology is not the end of the real estate agent

    “Tech” is the buzzword of the moment for real estate agents. For some, it brings about g...

  • How to explain deregulated utilities to homebuyers

    Homebuyers have a lot to think about when considering their budget — including the annual cost of ...

  • Here are the top 9 legal issues real estate brokers face

    Real estate transactions are both emotional and complex. So in the charged real estate environment, ...

  • Eli Manning sets new record with $3.55M Hoboken condo sale

    New York Giants quarterback Eli Manning is moving on … from his New Jersey condo that is. And whil...

  • KW’s ‘Kelle’ app competes with big RE tech companies

    Kelle is a voice-activated interface that allows Keller Williams agents to access databases, company...

  • Bank of America introduces digital mortgage product

    Bank of America released a new digital mortgage product last week, adding to the loan navigation too...

April 2018
Mon Tue Wed Thu Fri Sat Sun
« Mar    
 1
2345678
9101112131415
16171819202122
23242526272829
30  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...