Banking & Finance  November 5, 2018

Rising interest rates result in RE anxiety

BOULDER — Rising interest rates and continued inventory shortages in the marketplace are causing anxiety among real estate brokers and home buyers, but the fundamentals of the market remain strong, according to John Covert, who is a keynote speaker at the upcoming Boulder Valley Real Estate Conference.

John Covert, regional manager of Metrostudy, delivers his keynote address this morning at the Boulder Valley Real Estate Conference. Photo by Ken Amundson

Covert, the senior director, west region, for MetroStudy, said in an interview with BizWest that market turbulence…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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