Benjamin Clark, President of the National Association of Exclusive Buyer Agents (NAEBA.org) and Principal Broker of Homebuyer Representation, Inc. in Salt Lake City on CNBC Closing Bell with Fred Glick discussing low interest rates and the housing market.
The point of the conversation is that low rates alone aren't enough to get people to keep over-paying for homes. Prices will come down in spite of low rates. (And since the posting of this video, they have... significantly.)
Housing prices going down isn't necessarily a bad thing, is it? Especially when prices are over-inflated. Lower prices means better homes are more affordable to more people.
The point of the conversation is that low rates alone aren't enough to get people to keep over-paying for homes. Prices will come down in spite of low rates. (And since the posting of this video, they have... significantly.)
exclusivebuyersagent 11 months ago
Housing prices going down isn't necessarily a bad thing, is it? Especially when prices are over-inflated. Lower prices means better homes are more affordable to more people.
exclusivebuyersagent 11 months ago