Interest Rates Up - Home Values Down

We have Entered an Interesting Real Estate and Lending Market Rates are up and property values are flattening- even down in some areas. So we have reluctant borrowers who dream of low 5% mortgage rates, and reluctant sellers, who cling to the hope that pre-July 2005 prices will return sometime soon. While these sellers hold out for higher sales prices, more inventory comes in to play while mortgage rates continue to climb and values flatten even more. This is not a healthy situation, and it is compounded by the fear of Inflation and uncertainty in the stock market. To view the entire San Diego MLS active real estate for sale, visit:
http://www.brokerforyou.com