State of the Market

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Wondering how everyone feels about our current real estate market? I bought a town home in South FL in late 2014 and have watched its value rise by 30%. Would love to buy a single family home in South FL or Central FL but am concerned with downside price risk/opportunity cost.

Interest rates should be ticking up in the next 12 months, which should result in decreased demand.

I try to make the case for another downturn in prices but have trouble; you have conservative and accurate mortgage underwriting and slowly recovery jobs picture with slight income growth