What’s driving interest rates and the real estate market?

Fred Glick is one of the real estate pundits I find myself agreeing with most often.  I spend many hours every week explaining to clients, customers, and the public what is contained in this 5 minute video from Fred’s most recent appearance on CNBC.  The national and international economy, interest rates, home values, buyer demand, and the impact of  HVCC on the mix.  Take 5 minutes to watch this and let me know what you think.

The other day, a mortgage broker asked me what I thought would be the best marketing strategy to get buyers interested in buying homes again.  My answer:  Tell the truth.

Whether you are an agent or consumer, I would really like to hear your reactions to this video and your thoughts about the current real estate market.  Please comment.

Tagged as: CNBC, Fred Glick, market conditions, real estate