EPS 270 - With INTEREST RATES RISING even HIGHER… Are buyers RETRADING sales contracts, again? - a podcast by Michael Becker & Paul Peebles

RETRADE 2.0 could be happening now with rising interest rates. Interest rates have risen significantly over the last 6 months. Can you remember what short term rates were in October 2021? SOFR was .05% in October....today its 2.98%. Long term rates, like the 10-year treasury, in October 2021 was 1.47% and now its almost at 4%. Do you think property values have changed? Apartment values that initially changed in May-June 2022; are changing again. Buyers that are under contract today…are considering re-trading to a lower purchase price with the seller because rates have been going up even higher than 90 days ago. Listen to what is happening today.
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