Скачать или смотреть 🏠 State of the Marketplace - October 2022 Episode 18 | Carpenter Kessel + Compass Real Estate

Welcome back to our series State of the Marketplace!

In our latest episode of SOTM, "Real Estate Musical Chairs", Dewayne Carpenter & Kirk Kessel discuss mortgage interest rates rising to 7% and what that means for the market.

00:00 - Intro
00:12 - Mortgage rates have more than doubled since the 1st of the year
00:22 - Dewayne's short-term prediction about mortgage rates
00:35 - How the Fed impacts interest rates
00:46 - How interest rates affect buyers
01:07 - Why increased inventory means good news for buyers
01:30 - The moral of the story for buyers
01:50 - The real impact is not the rate, but the speed at which it has gone up
01:57 - What this means for sellers regarding pricing
02:15 - How rising interest rates limit the number of buyers that can afford your house
02:47 - Now more than ever you have to price correctly and have the right exposure
02:55 - Why we are seeing price reductions in the market

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