Today I spoke with David Lashbrook about interest rates and our current market.
Today I’m joined by David Lashbrook of Navigator Mortgage. We wanted to talk about interest rates, our current market, and buyers’ and sellers’ reactions to these. Rates are going up a little bit, but they are still great compared to what they were a couple of years ago. The bigger conversation is how these increases affect buyers’ mentalities about the market.
You can watch the full episode above, or you can skip to each section using the timestamps provided below:
0:40 — Rates are rising, but they are still very good
3:00 — The buyer reaction to rising rates
4:42 — How do you overcome fears over a crash?
6:50 — Our rising prices are based on a supply and demand imbalance
8:02 — Buyer fatigue and buying and selling simultaneously
9:20 — Shady practices in the real estate industry
12:24 — Final thoughts
14:31 — Wrapping up
I hope you learned a bit from our conversation today. Thanks to David for talking with me. If you have any questions for him, reach out to me, and I can put you in touch. If you have questions about interest rates or any other real estate topic, feel free to call or email me. I would love to hear from you.