Stress Test!

Will the new stress test cool the crazy real estate market or will it keep going. Buyers may scramble to buy with the deadline for the new stress test looming. Buyers will now have to qualify with a higher interest rate. Or maybe it won’t cool things at all. Homes appear to be the most important thing to spend money on so buyers may continue to spend. The streets in the city appear to be eerily quiet. It’s March/April break and no one is going anywhere. Everyone is home. It’s tough out there.