Tre Pryor Interview: Interest Rate Hikes’ Effect on Real Estate

Once again my friend and past client, David Mattingly, asked me to be interviewed on WAVE3 news. Today’s topic was interest rate hikes’ effect on real estate, specifically our Louisville market.

Screen capture of an interview between Tre Pryor and David Mattingly of WAVE3 news
I’m proud to be a reoccurring guest on WAVE3 when real estate is being discussed.

It’s not surprising that recent interest rate increases by the Fed are needed. After all, it’s one of the only ways to combat our skyrocketing inflation. But there are always consequences.

In real estate, it translates into home buyers being forced to settle for “less home” for the same amount of money. We also talk about how interest rate hikes’ effect on real estate is only making things worse for Louisville home buyers. Now their buying power is reduced on top of already low housing inventory.

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WAVE3 News Interviews Tre Pryor Regarding Low Housing Inventory in Louisville

I’ve been fortunate enough to be asked to appear on Wave3 news five times now. As a local expert, it’s been my pleasure to share what I’ve learned. This most recent interview appeared on March 17th and covered the current low levels of housing inventory in Louisville, Kentucky. The title of the piece: Looking for a new home? Good luck. Inventory is way down because of COVID-19.

Photo of Tre Pryor on Zoom call with David Mattingly, anchor with NBC Wave3
Photo of Tre Pryor on Zoom call with David Mattingly, anchor with NBC’s Wave3 news.

Housing inventory in Louisville is currently at historic lows. This makes it an extreme seller’s market. Buyers today will have a very difficult time purchasing a new home.

If anyone would like a more specific answer to your particular real estate needs, please contact me anytime.

It’s also interesting to note that Melissa Bottom, who, along with her husband, was also interviewed in this piece. They are my clients whom I’m helping purchase a new home that’s currently being built.

Recommending her to David for this piece gave it a more personal touch that really brings home the current difficulties buyers are facing due to the low housing inventory in Louisville.

Previous interviews with Tre Pryor:

I’ve tried to download the video for future reference but the website doesn’t allow it and only displays it for a limited time.

Local NBC Affiliate Interviews Tre Pryor for Housing Story

WAVE3 Logo

Third times the charm? I’m not sure, I’ll let you be the judge.

A past client asked me to be on camera and share some Louisville real estate knowledge. This piece by Wave3 anchor David Mattingly is looking at our housing shortage.

Affordable houses in Louisville hard to find

As is typically the case, most of the interview doesn’t make it on air but I was happy to help. At the same time… I hate seeing myself on screen. How does my wife put up with me?