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Strange Properties Appraisers Have Seen

Appraisal Today

My small city has online articles about all the haunted homes and other buildings, plus a World War II aircraft carrier. Search for “Your City” haunted locations, and you will probably find articles. However, you may encounter some strange—or even spooky—properties from time to time. Adjustment – Positive or Negative?

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FED’S ACTIONS TAKE STEAM OUT OF HOUSING MARKET

Will Springer Realtor

At what point will mortgage interest rates peak? Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%