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First American economist: ‘Housing market isn’t doomed’ by Fed rate hike, but demand is already falling

December 11, 2015

The Federal Reserve’s any-day-now rate increase announcement has prompted the real estate industry’s

The Federal Reserve’s any-day-now rate increase announcement has prompted the real estate industry’s version of the Y2K jitters. Even before the hike becomes reality, we’re already seeing signs of a market reaction, said Mark Fleming, chief economist at First American …

Source: Inman News