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Updated over 7 years ago on . Most recent reply

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4
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1
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Agypse Gos
  • Irvine, CA
1
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4
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North Korea effect on housing market

Agypse Gos
  • Irvine, CA
Posted
What effect will this whole North Korea issue on the real estate market? Should we worry?

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248
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191
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Nick G.
  • Investor
  • Moorpark, CA
191
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248
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Nick G.
  • Investor
  • Moorpark, CA
Replied

@Agypse Gos

To your first question, it will likely affect interest rates, which will probably do nothing but fuel the market.

To your second question, do you live in Guam? Lol. In all seriousness though, it's unlikely to have any perceivable negative affect on U.S. real estate. If anything, it would fuel it, since falling rates fuel purchasing power, and rising rates fuel purchasing activity (fear of missing out.)

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