When people start to see news articles like this one in the Washington Post, they start to ask questions about the real estate market and where it will be in a few months as some of the changes that the Federal Reserve Chairperson is announcing start to take effect. While it is common for people to want to know what is coming next, here are a few things to keep in mind.
- No one knows what exactly will happen. There are many factors in determining the market's course and it is impossible to accurately predict the precise moves that it will make. If it could be done the person who COULD do it would be wealthy indeed.
- Since interest rates are at Ultra-low rates now, we can surmise that eventually at some point they will rise to a point higher than they