Regular readers know that I don’t make market predictions — stocks or housing.

However . . . given the carnage last week on Wall Street, you’d certainly except a “respite rally” sometime soon (also called a “bounce” — or, depending on the overall environment and what happens next, a “dead cat bounce”).

In the meantime, if you have a mortgage — call your lender to find out what rates are doing and what it will cost you to refinance.

It’s one of the few pleasant surprises out there at the moment . . .

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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