There was a pronounced increase in interest rates a year ago, and we seem to be facing another jump. For our clients, thoughts of a 5-year loan at 4.25% are starting to fade. Interest rates are on the rise again.
Almost every real estate listing can be distilled to three primary concerns for the Seller: price, time, and stress. The Seller of an apartment building at 9th Avenue and Washington Street presented Calibrate Real Estate with a challenge… “please find a no-drama, all-cash buyer and get this property sold in less than one month’s time!”