Interest rates are up to 7%. Pending sales are down 42%. And yet, many real estate agents continue to do business at a high level, despite the dramatic market shift. In April of 2022, Brittany Gibbs, Heather Robbins and Kim Gellatly appeared on the podcast to discuss the developing shift and
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PDX Real Estate 146: How Rising Mortgage Rates Impact REALTORS—with Tammy Wittren
Mortgage interest rates are the highest they’ve been in 20 years. And as a result, mortgage applications are down by 38% and refis have dropped a whopping 86%. So, when will rates start to come back down? What can lenders and real estate agents do to adapt to the current circumstances? Guest
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PDX Real Estate 145: How to Adapt to a Real Estate Market Correction—with Justin Harnish
The real estate market was nothing but hot in 2021. We saw a staggering number of transactions, and most homes were on the market for less than a week. And now the market is correcting. Real estate has a longer shelf life and there are fewer buyers. But what if this shift in the market isn’t
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