How Russia, interest rates, and inflation may impact our market.
Just as we were heading out of the pandemic and returning to something resembling normalcy, inflation shot up, and Russia has started a conflict with Ukraine that has global implications. No one can predict the future with 100% certainty, but I’ve done a lot of research, and I’d like to share what I found with you today. Let’s take a look at how these issues will affect our real estate market and economy as a whole.
You can watch my full explanation in the video above, or skip to each topic using the timestamps provided:
0:00 — Introduction
0:48 — The impact of rising interest rates
1:46 — The uncertainty of other markets may raise housing prices in the long run
2:03 — The federal funds rate and mortgage interest rates are not the same
2:55 — Rates will likely fluctuate over the next 18 months
3:55 — Rent increases are outpacing inflation
4:32 — The Russia/Ukraine conflict could cause more supply chain issues
5:22 — What mortgage rate trends tell us about the future
6:35 — How past wars have impacted the stock market
7:22 — What this all means moving forward
8:20 — Wrapping up
If you have any questions about today’s topic, please call or email me. There’s a lot to talk about, and I’d love to hear from you!