After an intense Economic Forecast yesterday at our local Association of Realtors the gurus that watch and know our market so closely all have given the lookout for our housing future to be a very tight market, after next year, and the buyers looking to buy will pay more, much more as interest rates rise which eventually they will do. Housing in our area is limited and many sellers have now listed their homes after a small shrinkage which now places more homes on the market then buyers...problem is the price tag, too high and buyers walk. The key to the whole issue is buyers that are waiting need to get out and buy within this next year as after that the payment that you may of thought you would have will go up with the interest rates and the overall inventory will be minimal to choose from. If you desire more info please feel free to contact me here JillMcGovern
