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
Continue ReadingPDX 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
Continue ReadingPDX 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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