Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market.
The most immediate impact of Brexit will be on mortgage interest rates. Interest rates have remained at historic lows for the last several years. Contrary to what many experts believed, rates have remained low throughout the first half of 2016.
Possible impact of Brexit on mortgage rates?
In a recent article, the Washington Post explained:
“Brexit has spawned the recent bout of volatility in global financial markets. That has anxious investors scurrying for safety -- and few assets are safer than U.S. Treasuries. High demand for government debt pulls down interest rates.
That all translates into ultra-low mortgage rates for American households. And with Britain voting for Brexit, they could go even lower.”
However, the lower rates caused by Brexit may be short lived as Trul. ...

SOME HIGHLIGHTS:
 ACCORDING TO NAR'S PROFILE OF HOME BUYERS & SELLERS:
88% of buyers look for their new home online.
Using a real estate agent can net you $39,000 more than FSBO'ing.
There is a long list of people that you will have to negotiate with when you decide to sell your home, using an experienced professional can help ease the process. ...