As a topic of conversation, interest rates have come to the forefront of the nation’s consciousness in recent weeks as the Fed has incrementally raised the rates of federal funds, widely affecting prices. However, not all industries are equally impacted. Real estate is one sector where many people are watching closely to see whether the ballooning interest rates will cool off the red-hot real estate market with the force of a summer breeze or if they will usher in a polar vortex and change the investment appeal of property in the United States.
In this episode, host Maiclaire Bolton Smith sits down with CoreLogic’s Chief Economist Frank Nothaft to discuss the effects of the current rise in interest rates on the property market.
Beyond the Buildings