Housing Market in Flagler and Palm Coast Beginning to Feel Sharp Pain of Rising Interest Rates

Housing prices in the United States rose almost 60 percent between 2012 and 2019, then another 45 percent between 2020 and the middle of this year. Now, with interest rates more than doubling to 7 percent in a year, the longest housing boom since the crash of 2007-08 is ending. The signs are everywhere, across…