The real estate market is clearly cooling from the recent low-rate frenzy as a result of the Fed’s push for higher rates and tightening credit parameters. The market has decisively turned from a complete emphasis on the seller to a more balanced market.
I have been keeping a close eye on the housing market and the path of interest rates in conjunction with what the chairman of the Federal Reserve has had to say since early this year. Last week, it was reported that the volume of transactions through Jul