People keep asking me if the market has slowed down recently with the increase in interest rates. Our first half of this year was record breaking for our 31 year old firm. Our closed sales and leases were up a whopping 92% over last year at the halfway point. This is better than any previous year. I might add that last year was also a good year. That all happened when rates were low. I don’t see the 2nd half pace being quite as active. Our biggest challenge is replacing all the inventory we sold or leased. Demand seems to still be there, especially in the Industrial property type. Supply of buildings continues to be our dilemma. The SBA loan rate is still in the high 4’s, so debt service costs are still reasonable. But if you’re thinking of moving, I would suggest not waiting for rates to drop.