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What’s been happening in our real estate market over the last two months?
Right now, we’re seeing a softness that we haven’t seen in previous years. We’re attributing a lot of that to the insecurity of what’s going to happen next, both politically and economically. Obviously, with the presidential election, there’s already been a lot of major changes. Some of them have been positive, such as the stock market going up. Some of them have been not so positive, such as mortgage interest rates increasing a half of a percentage point. As to that, we’re currently sitting at the low 4% to 4.5% range.
That being said, we’re also seeing a softness…