The Fed has raised the interest rate yet again as of Wednesday. This is the fourth increase in a year the central bank has decided upon. Economists report that this has come out of precautionary measures to avoid a spark of inflation in the economy. As a result, they are gradually raising the cost of borrowing for consumers and businesses. 

We will be paying close attention to this in the next few months and how its going to affect the real estate market for buyers and sellers alike.