Posted by: Marvin Remmich | September 18, 2013

Redfin Predicts Volatile Housing Market

The housing market has lost some of its momentum recently according to a new study by the Redfin
Research Center. Pent-up demand and low mortgage rates contributed to a robust
real estate market since the beginning of the year, but higher prices and
higher rates have diminished demand in recent months. The company predicts
mortgage rates will play a central role in determining housing prices moving
forward.

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