Wondering about the strength of the 2017 Housing Market?

An uptick in the demand for housing has been detected.  Whether this change is solely a reaction to the rising interest rates and/or is in response to the election results remains unclear.

Here is an article brought to you by Long & Foster and Christies which delves into the housing demand topic.

If you would like to buy or sell a home, call me today for a free consultation.

Thank you

Carla Brooks

brkslong@aol.com

703-577-4960

Happy New Year 2017

Supply and Demand are two very important factors affecting the housing market.  Interest rates are also a determining factor in the housing market, especially relevant in pricing homes for sale.  For the first time in 8 years, the federal government has chosen to raise the bar on interest rates not once but twice.  Interest rates are still historically low, yet every fractional percentage rise will increase the monthly payment on a home.  Now is the time to buy your dream home!

Here is an interesting link to an article on interest rates and inflation by the Kiplinger Tax Letter.  Please skip the ad and continue on to the article.

If you are thinking of buying and/or selling a home, call me today for a free consultation.

                                                    Thank you
                                                   Carla Brooks
                                                  703-577-4960
                                             brkslong@aol.com