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NEWS 12: What are the projections heading into the new year?
"We are not seeing a lot of new home listings, and we haven't for the past couple of months, inventory is super tight, yet mortgage rates are probably going to rise into the new year as interest rates rise. So I would expect home sales to slow, and I would expect prices to come down maybe not everywhere but they are going to start sliding eventually," says Caleb Silver, with Investopedia.....
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Patchy rain nearby, with a high of 48 and low of 34 degrees. Patchy rain nearby during the morning, sunny for the afternoon, partly cloudy for the evening, clear overnight.