Well it happened the way I was hoping as the Federal Reserve lowered the Federal Funds Rate to 4.75%, and the most important rate to you the Discount Rate to 5.25%. That was a 1/2% drop for both rates. In a couple of days the dust will settle and the Mortgage Rates will settle also. [...]

The Average Sales Price and Median Sales Price both went up, but still remain close to the July figures for the Median which gives a better picture to me of the market. Days on Market jumped higher than I thought to 69 days, but still less than 70. Most agents will redo the listing to [...]