top of page

Approaching the Real Estate Market Amid Rising Rates

With mortgage rates above 6% for the first time in 2008---and double those of of 2020---many are wondering how to approach the current real estate market and whether it is profitable to do so.

Brown Harris Stevens CEO Bess Freedman recently visited CNN to provide a perspective on the current state of the market and its future.

"I think we're seeing a slowdown and a reset [in the market]...prices are not coming down fast enough." --- Bess Freedman

Bess also pointed out that real estate investments are unique. "You can't live in your stock portfolio, but you can live in your home," she remarked. "It serves another purpose and it's a great investment over time.

Watch the interview in full above. To learn more about Bess and her background, click here.

1 Comment

Yumi Vega
Yumi Vega
Jan 16, 2023
Sign up to receive curated listings and market insights straight to your inbox.

Thanks for submitting!

bottom of page