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Fed’s New Rate Cut: What It Means for Buyers & Sellers
Published 1 year, 5 months ago
Description
In this episode, Kris Krohn dives into the impact of the Federal Reserve's recent decision to cut interest rates by half a percent and what it means for the real estate market. With mortgage rates finally dropping, Kris explains how this could lead to a surge in both home listings and buyers, potentially causing real estate prices to soar. He emphasizes that now is a great time for both homebuyers and real estate investors to take action, especially with the looming first-mover advantage. Kris also highlights how leveraging your 401(k) or IRA could be a smart strategy for real estate investment, offering a way to build wealth far beyond what you'd get in traditional retirement accounts.