The Housing Market is Slowing
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| Ray Shay Broker/Owner Shay Realtors
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As we approach the holiday season you can feel the slowdown in activity and value cooling. It was inevitable and it is really a good thing it is here. The housing market was running too hot for too long. It could not continue the pace it was on.
I think you will be seeing a more normal market in the foreseeable future. This week with the problems in the stock market pushed the 30 year fixed interest rate to below three percent. The rush for refinancing is on.
With the housing market slowing and interest rates dropping it is a great time to buy or to move up. If you are interested in talking about current market conditions and options available, just give me a call.
Ray Shay 858-449-4970
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