Reply to House prices falling?

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Reply to "House prices falling?"

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[quote=Realtor4you][quote=Anonymous][quote=Anonymous]Want to see pricing trends? Visit www.rbiintel.com. The previous months stats on released on the 10th of the month and you can look by zip code.  Look at the detailed report. You can't get the more detailed reports unless you have a subscription. 
As for prices and interest rates, don't expect any significant drop off in housing values. While rates briefly jumped into the upper 4% range, the markets have calmed down and rates fell accordingly.  In most markets in the DC area, we are continuing to experience an extreme shortage of available homes. This is a sellers market in most areas.

Whether you buy now or in 2014 is your choice. I expect the prices to continue to increase due to low inventory. Your bigger concern should be interest rates. A 1% increase in rates will significantly affect your payments. Consult your loan officer for more information.

[/quote]

This sounds like a realtor or a loan officer.[/quote]

Yes, I am a realtor. Simply offering access to the market statistics based upon previous months sales. Check it out.[/quote]

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