How Will Brexit Affect US Real Estate? | #ClosingTalk Ep. 20

Written by Posted On Thursday, 07 July 2016 10:09

Everyone has heard of Brexit in the news recently and is associating it with the recent volatility in the US Stock Markets.  What does this mean for US Real Estate?

 

 

For those of you who don't know me, my name is Torey (some call me "T") and I help urbanites interested in real estate connect the dot's between what they think they know and what they really need to know to be successful in today's markets.  I have a passion for building businesses too.

 

To dive into it briefly, lets answer a few basic questions:

 

1) What is Brexit?

It is a shorthand way of saying the UK leaving the EU - merging the words Britain and exit to get Brexit.

 

2) Why is this significant?

This will cause short term economic volatility because this move can impact everything from passport's to retirement plans, and everything in between for people associated with the United Kingdom or traveling to/from it.

 

Now we know this information, How will Brexit affect US Real Estate?

 

1) It is important to know that it does not appear as of yet that US real estate will be affected by Brexit hugely.

 

2) Brexit will keep US mortgage rates lower for longer

 

3) As a result of US mortgage rates, property prices may remain higher, for longer.

 

The most important thing is, now is the right time to buy as long as you are getting the right deal for your needs and are not stretching your budget.  There is never a bad time to buy a property that makes sense financially.

 

--

Torey Howarth knows & sells real estate.  During years of trial and tribulation in pursuit of entrepreneurial success, things were not always "right", but they are now...

 

As a millennial playing in the washed-up sport of real estate, Torey found his niche and continues to relentlessly exploit it for all its worth.  He has 1 goal in mind:  Making dreams become reality (Don't discount his hustle and dedication to get there).

 

#ClosingTalk is a weekly off-the-cuff show (released Tuesdays @ approx. 3PM) that feature's Torey educating you on all things Philadelphia real estate.  No BS, just value and insight.  Because you earned it.

 

Torey'sThoughts is a weekly show (released Fridays @ approx. 3PM) focusing on anything but real estate.

 

Find Torey here:

 

Website: http://ToreyHowarth.com

Broker:  http://kwphilly.com

YouTube:  https://goo.gl/5KWHw8

Facebook: http://facebook.com/ToreyHowarthPHL

Linkedin: http://linkedin.com/in/toreyhowarthPHL

Instagram: http://instagram.com/toreyhowarthphl

Twitter: http://twitter.com/ToreyHowarthPHL

Medium:  http://medium.com/@toreyhowarthphl

Snapchat:  toreyhowarthPHL

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Torey Howarth

WHAT I DO:  I save you time and energy by guiding you throughout the home buying and selling process.

 

HOW I DO IT:  I connect the dots between what you think you know and what you don't yet know but need to know.  The internet can make us feel like we know it all and don't need a real estate agent, when in fact what it actually does is it gives us much more information than we know what to do with.  I blend my proprietary insight gained through many conversations, observations, and years of experience with what you already know to create a useful action plan to get us from point A to point B.  For all of the moments in between those big moments, I rely on consistent communication to prevent your mind from wandering away, so we can stay laser-focused on the end goal. 

 

WHAT MAKES ME DIFFERENT:  My approach.  I am a Millennial who understands real estate by internalizing why things work the way they do.  By understanding the "why", I can provide insight on a deeper level and align you with better opportunities in any market.  I get to understanding the "why" by working really hard and caring a lot about my clients and everyone around me.

 

ABOUT ME:  I became passionate about real estate when I thought it was really cool people owned big buildings (Even cooler that people paid the owners of those buildings more than what it cost them to own it).  From that day, I devoted a lot of time, effort, and energy to internalizing how to invest in real estate.  Flash forward to today:  I am not only continually learning on a daily basis, but i am also executing daily while paving my own path to spreading real estate insight and offering reliable real estate representation.

 

HOW TO INDULGE IN PHILLY REAL ESTATE:  Click "Watch my Videos"

www.urbnhmesphilly.com

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