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The recent unanimous decision by the Fed to hike up interest rates has a lot of people asking how their spending will be effected. But when it comes to home loans in particular, people want to know: &ldquo;How will this affect housing sales?&rdquo;

According to John Tubiolo, the Vice President of Franchise Sales and Development for <a href="https://fss.miraclemethod.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=miracle-method-franchise-targets-las-vegas-in-midst-of-housing-boom-3270" target="_blank" rel="nofollow" target="_blank">Miracle Method</a>, the nation&rsquo;s largest professional bathroom and refinishing franchise, the Fed&rsquo;s raising interest rates won&rsquo;t necessarily affect mortgages. But this doesn&rsquo;t mean the housing market as a whole won&rsquo;t be influenced&mdash;he said a few small increases would show the economy is improving, and may actually spark a spike in local housing sales from people who have been &ldquo;sitting on the fence&rdquo; and finally decide they should buy before rates start increasing too much.

&ldquo;Do you want a three percent interest rate with a lousy economy or a six percent interest rate with a booming economy? Rates are going up for a reason, because the economy is improving,&rdquo; Tubiolo said.

The higher interest rates may cause a bump in housing sales for a few months from people who have been lagging in their decision-making, and for companies like <a href="http://miraclemethod.1851franchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=miracle-method-franchise-targets-las-vegas-in-midst-of-housing-boom-3270" target="_blank" rel="nofollow" target="_blank">Miracle Method</a>, this uptick in housing sales can mean big business. According to Tubiolo, this is a good time for the brand to target housing markets in cities like Las Vegas, where homeowners are especially spurred by this recent hike.

&ldquo;The recent rise in interest rates is a sign that the economy is improving, and this also means that the housing market is improving. This is a great opportunity for Miracle Method, as more and more people will be in need of home improvements to give their home the biggest bang for its buck when it&rsquo;s up for sale,&rdquo; said Tubiolo.

As the company enters into 2016 focused on growth, they&rsquo;re looking hone in on an expansion in Las Vegas in addition to other specific markets like Florida, Texas and Arizona.

<a href="https://fss.miraclemethod.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=miracle-method-franchise-targets-las-vegas-in-midst-of-housing-boom-3270" target="_blank" rel="nofollow" target="_blank">Click here to learn more about Miracle Method.</a>&nbsp;

1851 Franchise

The recent decision to hike up interest rates has led to a bump in housing sales?and home improvements.

This brand page has been paid for by 1851. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

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