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Rising interest rates upend Baton Rouge’s home sales market | Business
Brittney Pino does not rather want to simply call Baton Rouge a buyer’s market for property sales. She doesn’t definitely want to call it a seller’s current market, possibly. Alternatively, Pino — a 20-year genuine estate veteran and proprietor of Brittney Pino and Associates — referred to it as a “freeze market” because both consumers and sellers are nervous about rising curiosity fees. “Before, it was considerably less difficult the place you could just sort of record the house and it would market,” Pino reported with a chortle. “Now it won’t be so uncomplicated.” Not amazingly, the Federal Reserve’s forceful desire fee spikes have upended the Baton Rouge area’s dwelling…