A Local Yokel Opinion on Interest Rates, Inflation and Inventory
By Wanda Kubat-Nerdin - Wanda Can!, St. George Utah Area Residential Sales Agent
(Red Rock Real Estate (435) 632-9374)
A Local Yokel Opinion on Interest Rates, Inflation and Inventory Seems every online news outlet these days tout, so-called, national real estate experts, pushing numbers, taking polls, predicting future outcomes. Some even use fear tactics to spread disinformation! Unfortunately for them, they lack the ability to determine the true number of sales and statistics at a local level. This is where professionals in their own communities have a clear advantage over inaccuracy. Interest rates are a big concern for buyers who were qualified before the last percentage increase. Many will wait until they decrease. Cash buyers are not concerned one bit, it does not apply to them. Inflation affects all Americans, especially the working class. While wealthy people feel little discomfort, the middle ...
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