Rising Interest Rates and the Local Housing Market

Petersen Partners’s very own John Morris was recently featured in an NBC Nightly News story about the impact of rising interest rates on potential home buyers. Watch the segment here to see how rising interest rates and an over 12% increase in home values is making it harder for home buyers to find the home of their dreams. Could interest rates be hurting the local housing market’s recovery?

Rising Rates

http://www.nbcnews.com/id/3032619/#52538959

 

Posted in RE News.

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