Market Conditions in Miami>Question Details

Herbal, Home Owner in Fort Lauderdale, FL

How will the downgrade of the nations credit affect the Miami real estate market?

Asked by Herbal, Fort Lauderdale, FL Thu Aug 11, 2011

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Everybody is getting the jitters again. I believe the biggest impact will be that it will keep the interest rates low for a while longer. If Moody and S&P is following and downgrade their rating then we will see more economic hardship which will put more pressure on the housing market.
5 votes Thank Flag Link Thu Aug 11, 2011
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