Property prices will lag behind

I want to give you some news.

Interest rates are going up...

Now, depending on how you look at this it may be either
good news or bad news now that I think about it.

When rates go up the value of property goes down and vice
versa. Now, I doubt that this will be a fast moving raise but
inflation is coming and to battle that you need a raise in
interest rates – at least to partially battle it.

Also, keep in mind that property prices will lag behind the raise
in interest rates. So, it may take longer to get into that
good property. Keep that in mind too.

Another bonus with raising rates is even more owners choosing
to owner finance their properties to get a higher price.

The interesting thing is that, as the latest economic problems
have shown us – when the rates start moving up that is not
a reason to not look at opportunities since there are always
opportunities in any kind of market.

Keep an eye out and you will see what I mean.