Interest rates are rising there is no denying that, but the really it is not the end of the world. Realtor (NAR) studies show that 2 out of 3 sales are directly related to familial reasons! Lesson to be learned here is that houses will still sell, but buying power realistically will diminish over time.
NAR's Chief Economist Yun, Lawrence says that there may be a softening of pricing if builders don't start to increase the supply of homes.
However, if you are seriously considering moving right now you need to take action right now and talk to a reputable Real Estate & Mortgage Broker today, please call 281-222-0433 or visit: