The housing market may or may not affect the area youâre living in. One way to know if the housing market is affecting the area youâre in; is if for sale signs are staying up for long or not. If for sale signs are staying up for long it can be that the market in your area is slowing down. This could mean that interest rates are too high. This could also mean that house prices are too high. If this is happening in your area it may not be the best time to sell your home. http://realestatefacttips.blogspot.com/2009/09/housing-market-is-it-affecting-your.html