Michael Orr: No Fed rate increase relaxes Phoenix real estate market

real estate market

real estate marketBy Sloane Kingston | KTAR

The Federal Reserve’s recent decision to not raise interest rates is welcome news to those who may be sitting on the fence about buying a home.

For potential buyers in Phoenix — and other parts of the country — that means more time to take advantage of record-low mortgage rates and continued opportunity for spending.

Continued:

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