Key Points: * Interest rates have been held artificially low for years and now with this first increase since last December, the Fed is indicating there could be more regular increases in rates during the coming year. * A shortage of homes for sale versus demand by buyers- especially first-time buyers – will continue to impact the market and spur additional price appreciation. * The real estate market has been in a 7+- year cycle of appreciating prices and … (0 comments)
Queens Real Estate Market Update, What to Expect in 2017 – and Thoughts For Planning!
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