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For real estate, big changes already in 2017

January 15, 2017 | Eldad Moraru of Long and Foster chats with ÐÓ°ÉÔ­´´'s Mike Murillo (ÐÓ°ÉÔ­´´)

WASHINGTON —  The new year has already brought big changes in the real estate market.

As the inaugural draws near, high-end homes are being sold. And some homeowners are preparing to sell and boost a low inventory. “They’re getting ready: They’re painting. They’re fixing. They’re staging. They’re packing,” said Eldad Moraru of Long and Foster.

Moraru also has some thoughts on how the slight increase in interest rates will affect prices.

Jack Pointer

Jack contributes to ÐÓ°ÉÔ­´´.com when he's not working as the afternoon/evening radio writer.

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