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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm not so optimistic.  This area could get hit pretty hard when Congress finally agrees on gov't budget cuts.  Gov't contractors will likely feel some pain, and if there are furloughs then there could be real trouble in DC.[/quote]

Yep, Fed here.  We've got RIF on the drawing board.  That, [b]plus a pop in interest rates[/b], spells doom (or at least downturn) in houses.  Don't buy one as a hedge, just to live in, for quite a while.[/quote]

That Fed has given no indication of any such "pop."  Quite the opposite, actually.  [/quote]

Funny enough, I just read an article that contradicts this claim:

“Last week rates rose to the highest levels in nearly four months after another solid jobs report and Federal Open Market Committee meeting minutes revealed some Fed policymakers were open to scaling back QE3 bond purchases sooner than the market had anticipated,” said Erin Lantz, director of Zillow Mortgage Marketplace.  http://homes.yahoo.com/news/30-fixed-mortgage-rate-hits-16-week-high-200033167.html

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