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Housing tipping back to a buyer’s market as sellers cut prices

After several years of rich home price gains, the market appears to have found a limit to what people can afford. Sellers are finally responding by lowering prices more often. Approximately 14 percent of all listings in June saw a price cut, that’s up from a recent low of 11.7 percent at the end of […]

When Do Interest Rates Hurt Real Estate Investing?

The days of super-cheap mortgages are likely over. After years of near zero interest rates, theĀ Federal ReserveĀ is raising its benchmark rate, currently at 1.9 percent. Like a ripple across a still pond, as the Fed rate goes so do other important interest rates. And several more increases are expected. Arguably the most important interest rate […]