70: What's the Deal with Interest Rates and Appraisals?

If you follow the news in the world of real estate, chances are you've heard interest rates are on the rise! It's true, they are going up, but that's not the full picture. In this episode we put rising interest rates into historical context, look at how these rising rates are impacting the Seattle market, and give buyers and sellers alike an update on what's new in the world of property appraisals. While the Awesome Nossum Group at Wilson Realty are real estate agents, and not appraisers or economists, you're welcome to reach out to us to learn more about how these changes may affect your situation.