There is overwhelming news and media coverage regarding today's real estate market. It seems that, based on most coverage out there, it's both a great time to buy and a great time to sell. Social media is the same narrative, everything is great for everyone. When the world is telling you to have your cake and eat it too, something isn't right. So what is the truth? 

Let's take off the rose colored glasses for a moment and look at the numbers and what's driving them, interest rates. In less than a year, rates went from historic lows in 2021 to 30-year highs today. To illustrate the effect of rates on today's market, let's examine what your mortgage payment will be in three different mortgage scenarios. Fair warning; you will be grossed out

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The following is a transcription of the video above:

Hey, welcome to Whiteboard Wednesdays. I, as always, am Kyle Schrader, this is my friend Jeff Rizer We're here today to dip our toes into the commercial world and talk about the basic formula for commercial real estate valuation, which is the IRV formula: income, rate, and value. So what is it?

So one thing quickly about Seaport is the way we separate ourselves is marketing, research, and valuation. And one of the tools we use is this IRV formula. So with a lot of like uncertainty in the markets, one of the things that I think and what a lot of reports show is that commercial real estate is a great investment, even though interest rates are continuing to rise.

The three-year outlook…

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Finding a home usually starts the same way for everyone; online. You head on over to your home search site of choice, be it Zillow, Realtor.com, Redfin, or any one of the million options out there for you, the consumer. On the face of it, nothing could be more simple; find a house you like, and in a couple of clicks you're in touch with the listing agent of said house and on the road to home ownership. If only it were that simple.

The click you make to contact the agent does more than you think. It most certainly contacts an agent, but more importantly, that click turns you from a home buyer to a product to be bought and sold. That click makes you a lead, and leads are worth big bucks to brokerages, agents, other lead generation companies, and…

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Sometimes, as much as I prioritize self-awareness and looking inward, I still manage to surprise myself with a struggle I don't see coming. My recent focus on building up my Real Estate career has shown me some flaws in my perception of work, and specifically my own self-worth regarding the type of work I'm doing. 

I make stuff; welding and metalworking, woodworking, I make furniture and fixtures, I repair machinery and motors. I absolutely love it. What brought me back to Real Estate and drives me to keep at it is its ability to let me hold on to all those things I love as hobbies. I find that supporting my family by building things doesn't allow me to take joy from it like I did before I went into business for myself. Enter Real Estate, it…

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