Alacrity Real Estate Solutions

Rising interest rates will definitely play a huge factor for our current housing market, and slowdowns for buyers and sellers are expected. Buyers will have less buying power due to paying higher interest, so we expect to see less and/or pickier buyers. For sellers, the shifting marking will prove less favorable as it balances out again. We expect the trend of offering “$500k over asking price” to come to an end, and most likely sellers will receive more offers around asking.

Overall, the changing market and interest rates are affecting everyone. While this can be overwhelming, it’s also a great time to reevaluate current strategies and pivot to new ones.
Overall, the changing market and interest rates are affecting everyone. While this can be overwhelming, it’s also a great time to reevaluate current strategies and pivot to new ones. Most importantly, don’t stop investing just because the market is changing. As the Seattle investor James Dainard said at a recent conference, there’s a market for every market, so—with the right plan and action—you can still find success with real estate.

𝐀𝐥𝐚𝐜𝐫𝐢𝐭𝐲 is a real estate investment company that provides solutions to any real estate situation. If you have any question, you may reach out to (206) 487-1192 or [email protected]