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By Ryan Fitzgerald

There are many economic variables to consider when selling your home when interest rates are rising. If that’s the only changing economic variable, you’re generally going to see a negative impact on both home sales and home prices. This means as interest rates rise, the buyer pool for your home is going to shrink.

– What Happens to the Ability to Sell Your Home With These Rises in Interest Rates?

If mortgage rates rise, it becomes more probable for indecisive buyers to rush into the market, and the short term will likely see a decent boost; however, it could add extra pressure if rates continue to rise without leveling out.

While interest rates play a role in the housing market, there are a variety of personal and economic factors to consider, as well.

What Other Economic Factors Play a Role?

Monthly income, as it relates to monthly mortgage payments, is a more important variable to gauge than interest rates alone.

One of the largest surprises is the percentage of all-cash transactions for home purchases.
High stock market valuations allow people to diversify their percentage of assets, cash out and reinvest in real estate to keep their portfolio balanced.

While interest rates play a large factor in selling your home for top dollar, they’re in no way the only deciding factor.

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Cliff Daniels
Realtor
Active Properties
Boulder Colorado
720 434 1418
cliff@actprop.com