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February 18th, 2010 4:56 PM

The Capital District Real Estate market is cooking right along with first time buyers taking advantage of the $8,000 credit that the government is handing out.

Once this credit expires, I am wondering what will happen to this frenzy in the marketplace? I am thinking a slow down will prevail this Spring/Summer. Add to this the suspected increase in mortgage rates AND the increase in FHA parameters; I am thinking if you are going to buy- buy now.

Take a look at this video which gives the "skinny" on the Capital District Market

http://www.youtube.com/watch?v=vy2q5GQWr0Q

 

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Posted by Karen Jones on February 18th, 2010 4:56 PMPost a Comment (0)

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