Rising Interest Rates and the Bay Area Housing Market

Описание: The Bay Area real estate market has been red hot, but earlier this month, the Federal Reserve raised interest rates to combat inflation. That has led to sharply rising mortgage rates, with the average 30 year fixed rate reaching its highest level since 2018.

So what impact will rising rates have on Bay Area real estate? Is now a good time to buy a house? Should I sell my house now? What if I'm a first time buyer?

This video covers all those questions, discusses the impact of rising rates and whether we can expect a housing market crash.

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Sean Engmann is a Realtor serving the Bay Area and specializing the San Mateo County Coastside, San Francisco and the North Peninsula.

He holds an MBA and Lean Six Sigma Black Belt certification. He is also certified as a real estate negotiation expert (RENE) and a first-time buyer specialist.

Sean brings decades of business and high level negotiation experience to every transaction, is an excellent problem solver and is dedicated to helping his clients achieve all of their real estate goals.

Every month he publishes a new Bay Area market report video and regularly produces detailed videos on the buying process, the selling process, market insights and tips and tricks for buyers and sellers.