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Unfortunately, another writer who doesn't understand that interest rates rising in the last two weeks wouldn't effect the current Case Shiller index report due to the three month lag. The whole first paragraph is just misleading.
And this is the NY Times. I will take the Patrick.net bloggers with all our different opinion/views any day, far better insight......
http://www.nytimes.com/2013/06/26/business/economy/home-sales-are-rising-and-so-are-prices.html?source=Patrick.net
“I’m really at the beginning of my search, so I’m not looking at the interest rates super-duper carefully,†she said. “My parents, when they bought their house 30 years ago, the interest rates were 17 percent. So with that in mind, if I can get an interest rate that’s 4 or 4.5 percent, that’s fine.â€
#investing