Taking Stock of Housing: Priced out –

The Federal Reserve’s year-long trend on raising interest rates seemed to finally be having an effect on the national real estate market. An 11-year span of increasing home prices finally came to an end, according to data released in March by the National Association of Realtors. But maybe not so much in the Adirondacks. Jay Realtor Mike Straight said he hasn’t seen evidence yet that higher interest rates are taking a bite out of the market. Bidding wars are still happening every so often, and offers are still coming in above the asking price — although maybe not to the » Continue Reading.