Allison Trigger: Almost everyone who's bought a house in the last 10 years has had a 30-year fixed rate mortgage. That means, and I'm one of these people, I locked in a really low interest rate during the pandemic. And effectively, I'm never moving," she says. "The fact that people like us are locked into these very low rates means we're going to be very reluctant to move"
Allison Schrager, Senior Fellow at the Manhattan Institute and Bloomberg News Real Estate Reporter Patrick Clark discuss how home prices in the US rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. Michael Shvo, Founder and CEO of SHVO, shares his thoughts on the commercial real estate market, Bloomberg Technology Co-Host Ed Ludlow joins the conversation. And we Drive to the Close with Christopher Zook, CIO of CAZ Investments.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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