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Historically low mortgage rates make way into Sioux City's housing market

Historically low mortgage rates make way into Sioux City's housing market

Sioux City's housing market has continued to stay steady in the last several years.

With historically low mortgage rates this trend is one the associates of United Real Estate Solutions says will continue in 2018.

Houses in the $100,000 to $200,000 range seem to be in the highest demand.

Kevin Mcmanamy of United Real Estate Solutions said, "What we're seeing is the inventory that comes in those price ranges, they're selling very quickly because there's a good group of buyers for those properties just waiting for those to come on the market."

Now is a prime time to buy a house if you are in the market for one, adding sometimes buying can give you stability in price while renting or leasing can change from year to year.

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