Seattle Real Estate Prices Fall! Fed Signals December Rate Hike and Spooks the Market!

Home prices have fallen in countless cities around the world now. There’s no way to know how far they can go in this current environment. With interest rates rising, we have to assume a consistent slowdown. But only time will tell. Home prices at or anywhere near their current levels are absolutely absurd and unjustifiable. Let’s see what the Fed does in December.

Seattle home prices down $80,000 from peak amid unprecedented spike in homes sitting unsold | The Seattle Times
https://www.seattletimes.com/business/real-estate/seattle-home-prices-down-80000-from-peak-amid-unprecedented-spike-in-homes-sitting-unsold/
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The new boomtowns: Why more people are relocating to 'secondary' cities - San Antonio Express-News
https://www.mysanantonio.com/business/article/The-new-boomtowns-Why-more-people-are-relocating-13374551.php#photo-7365742
Fed unwavering in message that interest rates will keep going higher
https://www.cnbc.com/2018/11/08/fed-unwavering-in-message-that-interest-rates-will-keep-going-higher.html
Interest rates could hit new decade high even if Fed does nothing at its meeting
https://www.cnbc.com/2018/11/08/interest-rates-could-hit-new-decade-high-even-if-fed-does-nothing-at-its-meeting.html
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https://fred.stlouisfed.org/series/FEDFUNDS
https://fred.stlouisfed.org/series/DFEDTARU