Richie Alan Naggar, agent & author (people first...then business Ran Right Realty )

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Rainmaker
4,502,445
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The reasons that motivate are numerous.

Jul 21, 2019 06:45 AM
Rainmaker
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

I like lower rates - it does help with my "on the fence" buyers. And it can help with those buyers that want a slightly higher priced home than what they were previously qualified for - and now they can swing it.

Jul 21, 2019 08:22 AM
Rainmaker
4,770,077
Richard Weeks
Dallas, TX
REALTOR®, Broker

Will help many buyers.

 

Jul 21, 2019 07:52 AM
Rainmaker
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Sure doesn't hurt. Buyers will and should be motivated!

Jul 21, 2019 07:37 AM
Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I agree with you Richie. 

Jul 21, 2019 06:54 AM
Ambassador
3,301,871
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Low rates do seem to spur on more sales. Inventory is an issue in my area. 

Jul 21, 2019 09:56 AM
Rainmaker
890,153
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It would be welcome, but may not happen given some strong numbers in the economy.

Jul 21, 2019 08:15 AM
Rainmaker
5,582,796
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I think it brings many more buyers into that buying equation....

Jul 21, 2019 07:10 AM
Ambassador
2,106,577
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Can't argue with that!  Prices need to stabilize, though.

Jul 21, 2019 07:08 AM
Rainmaker
5,046,466
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I agree... now we just have to find inventory to sell to those buyers!

Jul 21, 2019 06:47 AM
Rainmaker
748,589
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

I would have to agree Richie Alan Naggar it's a very good thing! 

Jul 21, 2019 06:30 AM
Rainmaker
1,493,015
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Jul 21, 2019 09:35 AM
Rainmaker
1,714,001
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

The refi boom has been happening for many weeks now. An added drop will spur many more to take advantage of the benefit.

Jul 21, 2019 08:54 AM
Rainer
412,516
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

I think some homeowners are going to need to put their homes on the market to get a flurry of purchases. I do not see that happening at his current time.

Jul 21, 2019 07:51 AM
Ambassador
6,253,239
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Is it a significant drop? or more little adjustments that will be ignored by most.

Jul 21, 2019 06:53 PM
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Refi's make me happy Richie Alan Naggar as it puts money in my pocket as a Mobile Notary.

Jul 21, 2019 11:52 AM
Ambassador
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Yes for sure interest will be spike up both for buyers and those that are thinking of re-fing!

Jul 21, 2019 11:20 AM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes I think it is a good thing also. 

Jul 21, 2019 11:16 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Richie,

I am sure it will move some.  A

Jul 21, 2019 09:04 AM
Rainmaker
1,487,502
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm hoping it will get buyers buying.

Jul 21, 2019 08:59 AM
Rainmaker
5,091,895
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Low interest rates do prompt many to get off the fence

Jul 21, 2019 07:50 AM
Rainmaker
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Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I'm happy about it BUT they are artificially low 

Jul 21, 2019 08:57 PM
Rainer
3,590
Alex Middleton
HomeBetter LLC. - Alachua, FL
Indoor Air Specialists

Interest rated drop is a good news for the ones who plan to buy a new house recently. But on the other hand, it also would be a signal of the property price increase

Jul 21, 2019 08:32 PM
Rainmaker
1,153,087
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Honestly, I don’t think most buyers track th rate changes.

Jul 21, 2019 03:09 PM
Rainmaker
2,131,104
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I can’t believe how low they are right now !

Jul 21, 2019 01:30 PM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Good news for many and might move some off the fence. Time will tell, but the rates are great!

Jul 21, 2019 12:02 PM
Rainmaker
1,610,495
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

How lower they can go?

Jul 21, 2019 11:50 PM
Ambassador
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I love your attitude, Richie and I agree with your sentiments, 100%!

Jul 21, 2019 09:00 PM
Rainmaker
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Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Interest rates go up in a strong economy and down in a struggling economy.

Jul 22, 2019 06:16 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We have been slow around here, so hope it brings life back to our market.

Aug 06, 2019 08:53 AM
Rainmaker
247,845
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

I've had one heck of a dry spell since January. My phone started ringing this week with a few potential buyers, so it might be working.

Jul 27, 2019 01:46 PM
Rainmaker
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Agreee 100%

Jul 24, 2019 08:20 PM
Rainmaker
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I think too many sellers think that prices are on the way down and are waiting on the sidelines for a clear and positive market signal.

Jul 22, 2019 06:51 PM
Rainer
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Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

kind of makes all those people who said they were going up look silly

Jul 22, 2019 02:59 PM
Rainmaker
747,354
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Interest Rates dropping is reason for alarm.  This is an indication that the economy is weak despite the rising stock market.

Jul 22, 2019 02:40 PM
Rainer
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Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Makes the phone ring, 

Jul 22, 2019 01:33 PM
Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

It is great but as for refi, I think everyone has already!

 

Jul 22, 2019 10:26 AM
Ambassador
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Yes Richie, more buyers will come forward and owners will be seeking to lower their interest rates!

Jul 22, 2019 06:25 AM
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